International Container Terminal Services, Inc. (ICTSI), which has proven to be the trailblazer in the Philippines and abroad, invests $300 million for the container terminal in Nigeria and express interest to bid for Davao port.
ICTSI Chairman and President Enrique K. Razon Jr. said ICTSI is pursuing the ongoing privatization opportunities in Africa.
A number of African countries has been opening up their gateway ports to privatization.
