ICTSI expands into Sudan

MANILA, Philippines — Listed International Container Terminal Services Inc. (ICTSI), owned by ports tycoon Enrique Razon, is expanding in Sudan through its wholly owned subsidiary ICTSI Middle East DMCC.

ICTSI has signed a concession agreement with Sea Ports Corp. of Sudan (SPC) to operate, manage and develop the South Port Container Terminal (SPCT) at Port Sudan.

The transfer of the facilities to ICTSI management will take place in the first quarter.

This was after ICTSI emerged as the preferred bidder for the contract last year.

SPC, the independent state corporation of the Republic of Sudan governs, constructs and maintains the country’s ports, harbors and lighthouses.

Under the concession agreement, ICTSI will assume the operational and development responsibility for SPC’s existing container terminal infrastructure and terminal handling equipment while SPC will become the landlord and supervisory authority for the terminal.

SPC led the tender process agreement with Hamburg Port Consulting as international advisor. The process attracted bids from a number of international port operators.

Last year, SPCT had a throughput of 470,000 TEUs. The terminal has a capacity in excess of one million TEUs.

SPCT has state-of-the-art container terminal assets. It has a land area of 180 hectares and 1.200 meters quay wall, with a design water depth of up to 16 meters, thus the capability to receive global shipping lines’ largest container vessels.

ICTSI, which won the 25 yesr concession to operate the Manila International Container Terminal, has port operations all over the world. It has at least 16 ports in the Asia and the Pacific including ports in the Philippines, two in Africa, seven in the Americas and four in Europe and the Middle East.