ATI Spending PhP8B for Expansion
Asian Terminals Inc. (PSE: ATI) is spending PhP8 billion in three years to boost capacity and efficiency of its gateway ports in Batangas and Manila.
ATI said the bulk of that spending would come in the next two years with the amount in 2015 to hit PhP2.8 billion and another PhP3.1 billion in 2016. It will spend PhP2.1 billion in 2017.
Source: Philippine Daily Inquirer