Luzon International Container Terminal to Boost Regional Economic Growth and Job Creation

Strategic Insights -

The Luzon International Container Terminal (LICT) is expected to be operational by early 2028, bringing significant economic growth and job opportunities to Calabarzon, according to Transportation Secretary Vince Dizon. The terminal is a key project aimed at promoting trade in regional areas and enhancing the country's supply chain, as directed by President Ferdinand R. Marcos Jr. The LICT, located in Bauan, Batangas, is expected to become a major industrial hub in the region, attracting factory establishments and generating significant revenues and employment.

Key Takeaways:

  • The Luzon International Container Terminal (LICT) is expected to be operational by early 2028, with a design capacity to accommodate 2 million twenty-foot equivalent units per year, including mega vessels.
  • The terminal is expected to generate significant economic growth and job opportunities in Calabarzon, with Secretary Vince Dizon highlighting its potential to become the second biggest container terminal in the country.
  • The project aims to promote trade in regional areas and enhance the country's supply chain, as directed by President Ferdinand R. Marcos Jr.
  • The LICT is expected to attract factory establishments, providing employment and generating significant revenues for the local economy.
  • Accessibility concerns were allayed by Secretary Dizon, who stated that an access road from the terminal to the Star Tollway will be built, allowing trucks to easily navigate the area without causing inconvenience to Bauan residents.

Statistics:

  • The LICT is expected to be completed by the end of 2027 and operational by early 2028.
  • The terminal has a design capacity to accommodate 2 million twenty-foot equivalent units per year, including mega vessels.
  • Calabarzon is composed of five provinces: Cavite, Laguna, Batangas, Rizal, and Quezon.

Sources:

  • In a statement, Dizon http://news.abs-cbn.com/ (no exact date provided)
  • Secretary Vince Dizon, http://news.abs-cbn.com/ (no exact date provided)