International Container Terminal Services, Inc. (ICTSI) is investing $230 million to expand the second specialized container terminal at the Port of Manzanillo in Colima, Mexico in the second half of 2022.

Enrique K. Razon Jr., ICTSI chairman and President said the injection of private capital into Manzanillo port is an essential part of ICTSI Group's strategy that will benefit the supply chain in the region.

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