Davao port development still under discussion

Davao City in 2007 Photo: Pascal De Backer/Wikimedia Commons/CC BY-SA 4.0 Davao City in 2007 Photo: Pascal De Backer/Wikimedia Commons/CC BY-SA 4.0
Industry Database

Development of a port in Davao City in the Philippines has been discussed in light of Chinese Foreign Minister Wang Yi’s visit to the city in late October.

Voice of America reported that China is exploring ways to build new infrastructure in the city as a link in its Belt and Road Initiative for expanding Chinese trade in Southeast Asia and the South Pacific.

The radio network reported that Mr Wang said that Sino-Philippine economic co-operation can “expand to new areas, including projects of the Belt and Road Initiative”.

“A rehab of Davao’s deepwater but otherwise small, ramshackle port would increase business for the 1.6m-person city that anchors a resource-rich but largely impoverished southern island,” Voice of America claimed.

“Chinese shippers could use Davao as an import-export base and call there along the way to countries further south.”

According to Christian de Guzman, vice president and senior credit officer with Moody’s in Singapore, Davao port development could be connected to the city’s island of Mindanao previously being a recipient of Chinese investments related to the extraction of mineral resources (basically mining).

Meanwhile, Jay Batongbacal, an international maritime affairs professor at the University of the Philippines, suggested that imports as exports could be sent through Davao.

“Although it’s a major port compared to Manila, it’s less busy,” he said.

Stuart Orr, Business and Law professor at Deakin University in Australia, said: “The southern port development plan in Davao is interesting because it’s part of the Philippine plans to encourage more Chinese investment, but it comes at a time when the Philippines is quite uncomfortable with the military activities and build-up in the Spratly Islands immediately off [the coast].”

LATEST PRESS RELEASES

ShibataFenderTeam supports PIANC Young Professionals

As one of the world's leading fender specialist, we consider it our responsibility to do our part fo... Read more

NEW CRANE ENTERS SERVICE AT WARRENPOINT PORT FOLLOWING £3 MILLION INVESTMENT

Warrenpoint Port has commissioned a new crane and has commenced the refurbishment of two other crane... Read more

Bigger share of modal split envisaged for inland shipping in the Baltic Sea Region

A vision for inland waterway transport (IWT) in the Baltic Sea Region as well as means to strengthen... Read more

QTerminals reaches new container and cargo handling milestones in record time

Over two million containers and five million tonnes of cargo handled Read more

Bendezu Port Equipment delivered two GOTTWALD HMK 6407 B from BELGIUM to SPAIN

Bendezu Port Equipment GmbH, an international trading company offering second-hand port equipment, h... Read more

View all