ICTSI backs out of North Harbor auction
Frustrated with numerous revisions made in the privatization rules,
the company which has been interested in the Manila North Harbor
Terminal privatization since day one of the project, the International
Container Terminal Services, Inc. (ICTSI), said they are no longer
keen on the bidding process.
ICTSI chairman and president Enrique K. Razon, Jr. said
...... Read more on Business World
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