International Container Terminal Services Inc. moved closer to winning a port concession deal in Sudan, a disclosure to the Philippine Stock Exchange showed.
ICTSI, controlled by gaming and ports tycoon Enrique Razon Jr., said it was named the “preferred bidder” to operate and manage the South Port Container Terminal (SPCT) at the port of Port Sudan, Republic of the Sudan for 20 years.
The next step, ICTSI said, was to enter into negotiations with the Sea Ports Corp. of Sudan (SPC) “with the purpose of concluding the concession agreement.”

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