Tadeco’s modern wharf magnet of investments in Panabo City- Mayor Silvosa By Cha Monforte, Rural Urban News Panabo City Jose Silvosa Sr described the state-of-the-art Davao International Container Terminal (DICT) in the city’s sealane as “economic magnet that attracts investments” in his city. He said that the modern wharf owned by a firm from banana giant Tadeco will certainly encourage investors to locate their investments in Panabo City. He added that his city is very much prepared to host investments even as he bared to wrap up major infrastructure projects during his last term as identified in the long-term city development plan. “These are geared towards fueling more economic activities in the city and certainly Tadeco’s container port facility is such as big boost, the mayor said Monday. The P2.7-billion wharf has an orderly ingress and egress that can result to faster turnaround time of delivery trucks, reliable plug-in facilities for reefer cargo, and a capacity to accommodate larger vessels due to its deep draft. It boasts of a world-class quality. DICT is owned and managed by San Vicente Terminal Brokerage Services, Inc., a member of the ANFLOCOR Group of Companies. Meanwhile. Bureau of Customs OIC district collector lawyer Edward James Dy Buco bared that the Tadeco’s port facility can greatly ease vessel traffic and congestion in Davao City’s ports at Sasa and Tibungco. He said that because the Davao City’s ports lack berthing facilities vis-a-vis the present high volume of import and export cargos, the DICT “complements our operations” and can ease vessel traffic by 20 percent if it is fully operational. DICT is also under the watch of BOC-Port of Davao along with the three sub-ports in General Santos City, Parang, Maguindanao and Mati, Davao Oriental. (Rural Urban News/Cha Monforte)
Posted on: Tue, 25 Jun 2013 02:03:22 +0000
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