PORT operator International Container Terminal Services Inc. (ICTSI) has been cited by the government for its “significant contribution to the country’s economic growth”.
The Board of Investments (BOI) recently awarded the company the 2017 Guinogulan Award for Large Enterprises, a citation that is given to registered companies that help boost the economic growth of the country through capital infusion, employment generation, introduction of new technologies and innovation, implementation of community relations, economic linkages and adoption of inclusive business models in their operations.
Christian R. Gonzalez, the company’s senior vice president, said his group has always promoted inclusive business strategies in people management, stakeholder relations, environment and sustainability and corporate social responsibility (CSR).
“We have long-term concessions. The very nature of our contracts would allow us to think and plan long term for our employees, the communities we are in, the governments we work with, the businesses and stakeholders in the supply chain, and the environment. We have to think sustainably from the very start to survive as a business,” he said.
ICTSI was monitored for its multibillion-peso capital investments in the Manila International Container Terminal (MICT) since its registration in BOI in 1990.
The BOI ensures that ICTSI projects are completed and delivered on time in the light of government incentives. For the last three decades, the port operator has a proven track record of exceeding government compliance especially with its contractual commitments in the operations, management and development of the MICT, according to Gonzales.