Maersk facility to boost PH logistics

By Catherine S. Valente

Oct 31, 2024 12:32 am

PRESIDENT Ferdinand Marcos Jr. on Wednesday led the launch of the Maersk Optimus Distribution Center — one of the largest in the country — that is seen to boost trade and bring the country's logistics system closer to becoming 'a powerful force.'

In a speech, the President said the opening of the P4.8-billion facility in Calamba, Laguna, supported the government's vision of boosting import and export activities, particularly in Southern Luzon.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Stable inflation to give BSP more policy leeway

Robinsons Land gets female president, CEO

Continued reforms seen with admin bets leading

Peso falls anew, PSEi up for 3rd day

China scrambles as yuan, stocks fall

Deferred green energy auction to start this month – DOE

Clark airport passenger, flight numbers up in 2024