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Manila Bulletin devider Business devider ₱1-B port, industrial park to rise in Batangas

₱1-B port, industrial park to rise in Batangas

Published Jan 27, 2020 12:00 am
By BERNIE CAHILES-MAGKILAT Cohaco Merchandising & Development Corp. is investing ₱1 billion for the development of a 6-hectare Sinisian Lemery Batangas Port and Industrial Park Corp. (SLBPIP) to serve as a major gateway to Southern Luzon upon its completion in 2021. Cohaco General Manager Ferdinand Co revealed that the port and industrial park in Lemery is due for completion in 2021. It will be equipped with international and domestic deep port facilities to cater to industrial port and warehousing needs for import and export distribution. Co added that the facility is intended to address congestion issues in the region as well as meet infrastructure demands by the government's "Build, Build, Build" program. "The deep port can be up to 30 meters deep and 160 meters wide and can handle even up to a panamax vessel, which is very rare to have in the Philippines,” said Co. “Locators can use that port and use our warehouse for them to be able to import or export." According to Co, the industrial park’s location is an advantage to locators for easy distribution to Southern Luzon, Metro Manila or even nearby islands. “If Subic Port is strategic for Central Luzon, then we're strategic for Southern Luzon," he added. Cohaco – which is one of the main stakeholders in the project – also led the groundbreaking for the two anchor locators of the port and industrial park, the Lemery Cement Silo Tank Corp. and Lemery Oil Terminal Corp. Constructions for the three projects are expected to start by the first quarter of 2020, with operations slated to commence by the first quarter of 2021 and Co noted that the SLBPIP is on the lookout for oil importers for the oil terminal, which will be open to independent oil and fuel importers.
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