Chelsea Logistics Corp. (CLC) will now engage in airport and port operations as well as logistics and utlities as it has widened its primary functions to include infrastructure systems. “We will pursue our expansion strategies and find best ways to complement the current business operations with the ‘Build Build Build’ program of the Duterte administration,” the company’s president and chief executive officer, Chryss Alfonsos Damuy, said in a statement. In a disclosure on Tuesday, the CLC said its participation in the development of the country’s infrastructure systems would also include telecommunications, power, and other related utilities. This would help the company respond better to its expanding business operations, the CLC said. The CLC earlier disclosed it had submitted a P67-billion unsolicited proposal to the Department of Transportation to operate and manage the Davao and New Bohol International Airports.

Source: Manila Times March 20, 2018 16:52 UTC