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India’s largest port operator Adani Ports and Special Economic Zone Limited (APSEZ) is looking to expand its operations into the Philippines, with plans to invest in port development, according to a release issued by the office of the president of Philippines.
APSEZ Managing Director Karan Adani met Philippines President Ferdinand Marcos Jr at Malacañang on May 2 in a courtesy call to discuss Adani Group’s plans for the port.
PSEZ Ltd is eyeing Bataan for its port development project, aiming to establish a 25-meter-deep port capable of accommodating Panamax vessels.
(www.business-standard.com)
