ICTSI pursues port projects in Africa

International Container Terminal Services (ICTSI) is pursuing opportunities to bid for new projects in Africa after failing to secure the majority stake in Greece’s port of Thessaloniki, according to an article published by BusinessWorld Online.

ICTSI's Christian R Gonzalez confirmed that the operator is looking at opportunities in Africa

Speaking to BusinessWorld Online, ICTSI senior vice president and regional head of Asia Pacific Christian R Gonzalez said: “There’s a couple that we’re very keen on and we’re watching very, very closely.”

Although Mr Gonzalez did not confirm which projects, he did reveal that there were two in particular that ICTSI is closely following.

Mr Gonzalez added that ICTSI’s failed bid for the port of Thessaloniki will have “no effect” on the company’s outlook for its business this year.

ICTSI president and chairman Enrique Razon Jr also said last month that the company will continue to grow by adding more terminals around the world to sustain its growth momentum, as Asia is expected to be heavily affected by the Trump administration’s protectionist policies.

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