International Container Terminal Services Inc. was recognized for its outstanding performance and promoting greater regional inclusivity in the ASEAN logistics sector for the second straight year.
The ASEAN Business Advisory Council, the lead private sector initiative towards economic inclusivity in the region, awarded ICTSI the coveted Priority Integration Sector Award for Logistics at the recent 2019 ASEAN Business Awards in Thailand. ICTSI was first recognized in 2018, when Singapore led the rotating chairmanship of the regional bloc.
ICTSI is the Philippines’ leading terminal operator, having acquired, managed and enhanced the efficiencies of the country’s busiest ports. Replicating its success at flagship Manila International Container Terminal, the Philippines’ first port privatization effort—ICTSI has been raising the flag for Philippine ingenuity overseas across its 32-port, 18-country network.
In Southeast Asia, the company operates 12 marine and inland terminals—10 of which are in the Philippines and two in Indonesia.
ICTSI Global corporate head Christian Gonzalez welcomed the latest citation as an affirmation of the company’s efforts.
“Beyond profitability, ICTSI recognizes the complex role ports play in the region’s economic development and the prosperity of communities within which our ports operate. We are encouraged by this sophomore win to empower more sectors and communities with high-performing ports that are supportive of supply chain improvement, and economic growth,” Gonzales said.
In 2014, ICTSI led Philippine companies in the ABA as the country’s contender for Best in Corporate Excellence when the annual tilt was held in Naypyitaw, Myanmar.
The ASEAN Business Awards recognizes outstanding businesses in the region which have shown significant progress in establishing and reinforcing their positions in various sectors and have become partners and contributors to regional prosperity.