Philippines' ICTSI wins 30-year port terminal concession deal in Croatia.

By bne IntelliNews March 7, 2011
Philippines' International Container Terminal Services (ICTSI) won a 30-year contract for management, operations and development of a container terminal in the Croatian sea port Rijeka, the company said in a news release on its website. The terminal is the Adriatic Gate Container Terminal (AGCT). As part of the deal, ICTSI acquired 51% of AGCT for EUR 15mn. Over EUR 70mn will be invested during the initial phase of the concession.

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