The Port of Manila garnered the 32nd spot in Lloyd’s List Top 100 container ports worldwide in 2016, the Philippine Ports Authority (PPA) announced on Thursday. AdvertisementsIt also landed the 22nd spot in the top 100 Asian ports. According to Lloyd’s List, the positive performance was due to the Philippines’ booming national economy that increased 6.8 percent from 5.9 percent a year earlier in terms of gross domestic product. “This is a great testament that the Philippines has had very robust economy at least in the past two years,” PPA General Manager Jay Daniel Santiago said in a statement. Meanwhile, PPA noted that it is in the process of modernizing the ports of Davao-Sasa, Iloilo, Cagayan de Oro, General Santos and Zamboanga to handle containerized cargo.

Source: Manila Times October 27, 2017 17:15 UTC