Philippines: A new 7-hectare port and industrial complex, valued at over US$51m, is under construction in Lemery, Batangas. The complex includes the Sinisian Lemery Batangas port and industrial park, Lemery cement silo tank and Lemery oil terminal, with each component costing around US$17m.
The port will support Panamax-sized vessels with a draft depth of 15m, while the cement silo will hold 60,000t of bulk cement and slag. The project is expected to generate at least 200 jobs and help meet the country's fuel security needs amidst ongoing global supply chain disruptions.
