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Build Philippines ports to dock mega ships to bet major cargo flow: APL
IF the Philippines wants to attract major cargo flows - as Indonesia is now doing - it must build ports to accommodate mega ships that ply the major east-west trade routes, says APL chief executive Nicolas Sartini.
Mr Sartini made the reports when during a visit from Singapore to mark its 100th anniversary of doing business with the southeast Asian nation, reported Singapore's Splash 24/7.
He said the Philippines was missing out on mainline calls of the main east west trade because it did not have the right infrastructure in place, unlike its neighbour Indonesia which had recently got into the transpacific and Asia-Europe map thanks of significant port investments.
"If the country wants to continue to grow be part of the trade network, its ports should be able to handle the largest vessels," Mr Sartini said.
Mr Sartini said APL, which currently has around 200,000 TEU of Filipino business a year, was looking to grow volumes in the fast growing country by at least 10 per cent a year.
"We want to grow the market and grow a little faster than the market," Sartini said. "I think 10 to 15 per cent growth every year would be a good target."
Mr Sartini made the reports when during a visit from Singapore to mark its 100th anniversary of doing business with the southeast Asian nation, reported Singapore's Splash 24/7.
He said the Philippines was missing out on mainline calls of the main east west trade because it did not have the right infrastructure in place, unlike its neighbour Indonesia which had recently got into the transpacific and Asia-Europe map thanks of significant port investments.
"If the country wants to continue to grow be part of the trade network, its ports should be able to handle the largest vessels," Mr Sartini said.
Mr Sartini said APL, which currently has around 200,000 TEU of Filipino business a year, was looking to grow volumes in the fast growing country by at least 10 per cent a year.
"We want to grow the market and grow a little faster than the market," Sartini said. "I think 10 to 15 per cent growth every year would be a good target."
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