Tadeco’s modern wharf magnet of investments in Panabo City- Mayor Silvosa
june 26, 2013
By Cha Monforte, Rural Urban News
Panabo City Jose Silvosa Sr described the new, state-of-the-art Davao International Container Terminal (DICT) in the city’s sealane as “economic magnet that attracts investments” in the city.
He said that the modern wharf owned by a firm from banana giant Tadeco will certainly encourage investors to locate their investments in Panabo City.
He added that his city is very much prepared to host investments even as he bared to wrap up major infrastructure projects during his last term as identified in the long-term city development plan.
“These are geared towards fueling more economic activities in the city and certainly Tadeco’s container port facility is such as big boost, the mayor said.
The P2.7-billion wharf has an orderly ingress and egress that can result to faster turnaround time of delivery trucks, reliable plug-in facilities for reefer cargo, and a capacity to accommodate larger vessels due to its deep draft. It boasts of a world-class quality.
Particularly, the entire facility can cater up to 300 container vans, the only container terminal in Mindanao which can cater to such number of container vans simultaneously.
DICT is owned and managed by San Vicente Terminal Brokerage Services, Inc., a member of the ANFLOCOR Group of Companies.
Meanwhile. Bureau of Customs OIC district collector lawyer Edward James Dy Buco bared that the Tadeco’s port facility can greatly ease vessel traffic and congestion in Davao City’s ports at Sasa and Tibungco.
He said that because the Davao City’s ports lack berthing facilities vis-a-vis the present high volume of import and export cargoes, the DICT “complements our operations” and can ease vessel traffic by 20 percent if it is fully operational.
DICT is under the watch of BOC-Port of Davao along with the three sub-ports in General Santos City, Parang, Maguindanao and Mati, Davao Oriental. (Rural Urban News/Cha Monforte)