Manila, Philippines – Leading Philippine ports and logistics operator Asian Terminals Inc. (ATI) has secured a 25-year renewal of its concession to operate and develop Manila South Harbor (MSH), extending its stewardship of the country’s premier international trade gateway through 2063.
In a regulatory disclosure with the Securities and Exchange Commission, ATI reported that the company and the Philippine Ports Authority (PPA) have signed the renewal of ATI’s concession agreement for Manila South Harbor for a 25-year term, commencing May 2038 up to May 2063.
This landmark comes as ATI celebrates its 40th anniversary this year, marking another defining chapter in its four-decade journey of enabling trade, connecting industries, and supporting Philippine economic growth.
Commenting on the corporate milestone, Eusebio H. Tanco, ATI President, said:
“The renewal of Manila South Harbor’s concession is an affirmation of the successful collaboration between the public and private sector. Under this framework, we take pride in transforming our flagship terminal into a vital gateway for commerce, creating opportunities for businesses, generating livelihoods, and connecting Filipino products and industries to global markets.”
“Together with our strategic partners DP World and Maharlika Investment Corp., this milestone gives us an even stronger foundation to build on the gains of the past 40 years and ensure that Manila South Harbor continues to serve the evolving needs of our country, our people, and future generations.”
Central to this commitment is future-proofing Manila South Harbor to respond proactively to changing trade patterns, increasing cargo volumes, and the evolving needs of shipping lines, importers, exporters, and the broader logistics community.
This includes capacity expansion, the deployment of energy-efficient cargo-handling equipment, increased automation, and the adoption of advanced digital technologies to deliver safer, smarter, and more sustainable end-to-end ports and logistics solutions to customers.
Over the past 40 years, ATI has invested more than Php 42 billion in developing and modernizing its Philippine port facilities, contributing to the movement of approximately 30 million twenty-foot equivalent units (TEUs) of containers, 57 million metric tons of non-containerized cargo, and 70 million passengers across its operations.
