A logistics study for completion next year is expected to help identify infrastructure necessary in and around the Mindanao Container Terminal (MCT).
“The study, which is a grant from the Japan International Cooperation Agency, is aimed at facilitating trade primarily at the port,” Phividec Industrial Authority port department manager Dante Clarito told PortCalls.
Port authorities are hoping the adoption of study results will mean more direct callers and higher cargo volumes.
Different business groups, including international carriers, have been clamoring for better infrastructure for Mindanao to attract more investments in the region.
The clamor has largely been unheard because of lack of government funds and the absence of a study identifying what needs to be done.
The region’s shippers are asking for better roads while port stakeholders want to see additional equipment and a deeper draft at MCT.
Cargo volume in the region, particularly in the Misamis Oriental and Cagayan de Oro areas, is expected to increase 4.5% annually from 2007 to 2010. Conventional cargo is seen growing some 50,000 metric tons and containerized cargo by 120,000 TEUs for each of the three years.
Domestic trade will account for much of the volume.