Anflocor invests P2.7B for Davao container terminal

Subscribe Now April 21, 2014 at 07:30am

The Board of Investments has approved the P2.653 billion expansion project of San Vicente Terminal and Brokerage Services Inc. (SVTBSI), a unit of the Floirendo-owned Anflocor Group of Companies, as new operator of container terminal in Davao del Norte bringing Mindanao’s seaport terminal capability to international standards.

Based on its application, the company is engaged as new seaport operator of Davao International Container Terminal (DICT) located in barangay San Pedro, Panabo City, Davao del Norte.

Based on its application, the containerized terminal will have a capacity of 400,000 FEUs (forty-foot equivalent units) per year. The state-of-the-art 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 already started operations in January 2014. The BOI approved the project on a non-pioneer status.

The P2.7 billion new terminal is expected to bring the island’s export and import industries to international level, the only port in Mindanao that could cater to Panamax vessels.

The terminal uses a state-of-the-art terminal operating system (TOS) which will ensure faster vessel turn-around time.

DICT is the first container terminal to introduce new innovations in Mindanao including the availability of plug-in facilities inside the container yard in order to hasten the loading and unload of goods especially perishable products for faster transport.

SVTBSI handles the stevedoring and arrastre operations of DADECO Wharf in Panabo City. Currently, it has 2 berths, 4 cold storage rooms, container yard with pulug-in facility and warehouse. It serves as gateway for the country’s exports of fresh agricultural produce, particularly bananas and pineapples.

With its modernization, DICT offers faster and predictable turn-around time for vessels, reliable, efficient and cost-effective port operations.

Jointly put up by the Floirendo-owned San Vicente Terminal and Brokerage Services, Inc. and Dole-Stanfilco, the DICT will have three components: the berthing space, the container yard, and brand new port equipment.

Once it starts operating early next year, the DICT will dwarf the four-decade old Sasa International Wharf, whose development has been slowed down by mismanagement and government neglect.

Civil works are scheduled to be completed by the end of this year as this is expected to help both local exporters and importers, according to engineer Leo M. Tampos, project manager of the San Vicente Terminal and Brokerage Serivces Inc.

Tampos said said the Aboitiz-owned Cebu-based Metaphil, has already completed 95 percent of the construction of the pier and other infrastructure facilities.

A big team of technicians, assisted and supervised by five Japanese engineers, are now installing the cranes and are expected to finish the job in one week.

Another company, HR Construction, is building the container yard and the work on this part of the project will be completed by February.

The project using pre-cast materials already fitted before they are placed on the structure will be finished in 10 months, a lot faster than the usual 18-month period needed when a construction project uses the “cast and place” system where almost everything is done on site.

Anthony Alexander N. Valoria, president of the Anflo Investment and Management Corp., the Floirendo-owned mother company, said the P2.7 billion project will help shipping companies in shortening their turn-around time as the trucks that will haul cargoes will have separate entry and exit points.

Source: mb.com.ph



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