Agriculture Secretary Francisco Tiu Laurel Jr. said the agency would bid 17 port projects, 10 of which being big ones capable of accommodating Panamax vessels.
A Panamax vessel has a capacity of about 60,000 to 80,000 deadweight metric tons or about 4,500 20-foot containers.
The 10 big ports would cost P3 billion each while the other seven would be about P1.5 billion each for a total of P40.5 billion, Tiu Laurel said.
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Esta historia es de la edición September 19, 2024 de The Philippine Star.
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