Asian Terminals Inc. (ATI) has secured a 25-year extension of its contract to run and develop Manila South Harbor, keeping its role as operator of one of the country’s most important gateways until 2063.
In a filing with the Securities and Exchange Commission, the leading ports and logistics firm said it has signed the renewed agreement with the Philippine Ports Authority (PPA). The new term will run from May 2038 to May 2063.
The announcement comes as ATI marks its 40th year of operations, highlighting a long-standing record in supporting Philippine trade and economic activity.
ATI President Eusebio H. Tanco described the renewal as a vote of confidence in public-private partnership. “It affirms our shared goal of building a gateway that serves businesses, creates jobs, and links Filipino goods and industries to the world,” he said. Tanco also noted the company will continue working closely with partners DP World and the Maharlika Investment Corp. to build on four decades of progress.
The renewed concession paves the way for major upgrades at the port, including expanded capacity, modern digital systems, and the shift to cleaner, more energy-efficient operations. These changes are meant to handle growing cargo volumes, improve service for shipping lines and traders, and keep the port competitive amid changing global trade demands.
Since it began operations 40 years ago, ATI has poured over Php42 billion into modernizing its port facilities nationwide. Its network has handled around 30 million twenty-foot equivalent units of containers, 57 million metric tons of general cargo, and served more than 70 million passengers over that period.
