ATI obtains US$11.7 million loan for South Harbour upgrade
by Gabriel U. Quemado III
Cargonews Asia
Manila: Port operator Asian Terminals Inc (ATI) has secured
a US$11.7 million loan from the Hong Kong and Shanghai Bank Corp
(HSBC) to fund its capital expenditures outlined in the 10-year
modernisation programme of the Manila Bay area. The five-year
loan facility will initially support the construction of the $1.9
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