Davao container port completes P5B expansion

THE P5 billion expansion of the Davao International Container Terminal, Inc. (DICT) has been completed, the terminal’s owner, the Antonio Floirendo Group of Companies announced, saying that the new facility will support the anticipated economic growth and development of Mindanao, especially within the Davao Region.

Strategically located in Panabo City, the DICT is the anchor project of an agricultural and industrial complex being developed by the Anflo Management and Investment Corp. (ANFLOCOR) to provide for the logistical requirements of various businesses anticipated to expand to Mindanao in the next few years.