International Container Terminal Services, Inc. (ICTSI) may consider bidding for a contract to modernize the Sasa port in Davao if the Filipino government decides to tweak the investment cost of the seaport project, a company official said.
“We are reconsidering the required investment amounts. If that’s reconsidered, we’ll look at it again. If the numbers are reasonable, there’s a possibility we will participate,” Christian R. Gonzalez, ICTSI vice-president and Asia Region head, told reporters last week.
Meanwhile, ICTSI plans to continue expanding its global footprint as it looks for opportunities in Australia, Indonesia and Africa.