Philippine port operator Cebu Port Authority (CPA) says that it hopes to begin construction of a new international container handling facility by October of this year.
Consultancy works for the New Cebu International Container Port (NCICP) are ongoing and are scheduled to conclude within the next few weeks while the actual construction is expected to take five years, CPA general manager Leonilo Miole confirmed.
The 25-hectare NCICP will be built on a reclaimed area in northern Cebu province in the central Philippines. Facilities will include a 500-metre quay that would allow two 2,000TEU vessels to berth simultaneously.
The project has an estimated value of approximately PHP10.1 billion (US$210 million).
Once the NCICP is completed, the existing Cebu International Port (CIP) will be modified to handle domestic cargo only, thus handing over to the new facility the responsibility of accommodating international cargo that passes through Cebu.
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