DP World’s ATI extends Manila South Harbour concession to 2063


Future investments will focus on capacity, automation, and greener equipment.

Asian Terminals, Inc. (ATI), DP World's strategic partner in the Philippines, has secured a 25-year extension of its concession to operate and develop Manila South Harbour, extending the agreement until May 2063.

The renewed agreement, signed with the Philippine Ports Authority (PPA), will take effect in May 2038 and run until May 2063.

The renewal coincides with ATI's 40th anniversary. Over the past four decades, the company has invested more than Php42b in developing and modernising its Philippine port facilities.

DP World executive chairman Essa Kazim said the agreement provides certainty for long-term investment in port infrastructure and reflects the company's commitment to the Philippines' trade growth. “This concession renewal provides the certainty needed to plan and invest for decades ahead,” he said. “It reflects DP World's belief in the Philippines' economic future and our commitment to building enduring partnerships that enable trade and support sustainable growth."

Jason Varsamidis, CEO and managing director of DP World Asia Pacific, said future investments would focus on expanding capacity, introducing new technology, and improving the sustainability of port operations. “Over four decades, ATI has played an important role in developing the infrastructure that supports Philippine trade, and this agreement provides the foundation to build on that legacy.”

Planned developments include greener and more energy-efficient cargo-handling equipment, increased automation and advanced digital technologies to prepare Manila South Harbour for changing trade patterns and rising cargo volumes.

Across its operations, ATI has handled approximately 30 million twenty-foot equivalent units (TEUs) of containers, 57 million metric tonnes of non-containerised cargo and 70 million passengers over the past 40 years.