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Manila North Harbour Port (MNHPI) will invest PHP14.5bn ($325m) to increase the port’s productivity by 500%, according to a port official. MNHPI will spend about PHP7bn ($157m) over six years, with more than half going towards reclamation. The first phase will convert ten pier por
Manila North Harbour Port (MNHPI) will invest PHP14.5bn ($325m) to increase the port’s productivity by 500%, according to a port official.
MNHPI will spend about PHP7bn ($157m) over six years, with more than half going towards reclamation.
The first phase will convert ten pier ports into a three-terminal port, enabling it to increase its container handling rate from five containers an hour to 28.
Nearly 60% of the total project cost will be spent on infrastructure development, according to Malaya.com.
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