International Container Terminal Services Inc. has formed a joint venture with Nippon Container Terminals Co. Ltd., Transnational Diversified Corp. and NYK-Fil-Japan Shipping Corp. to operate the first one-stop inland container terminal in Calamba City, Laguna.
ICTSI said in a disclosure to the stock exchange the joint venture partners, through Laguna Gateway Inland Container Terminal Inc., would start operating the inland container terminal in Barangays Banlic and San Cristobal, Calamba City, Laguna on March 2, 2015.
“The primary purpose of LGICT is to provide services connected with or incidental to the management or operation of container depots, terminals, yards, and/or freight stations in the Philippines,” ICTSI said.
The terminal will operate as an extension of the seaport operations of the Manila International Container Terminal.
The depot is expected to function as a regional logistics hub, which will serve and support the operations of exporters and importers, both within and outside the economic zones in the Calabarzon area.
Only 58 kilometers from Metro Manila, the inland container terminal will be situated on a 21-hectare property. It is strategically located near various economic export zones and an existing adjacent railroad.
Four hectares of the property have already been previously developed and available for immediate operations.
Envisioned to be the first of its kind in magnitude and operations, the inland container terminal will be developed as a 24/7 state of the art facility with cutting edge terminal systems and equipment.