On January 20, our company secured the steel pipe pile supply contract for the expansion project of Iloilo International Terminal in the Philippines. This marks another breakthrough in the Philippine infrastructure sector following the successful delivery of the expansion project for Plaridel Port Terminal in Mindanao Island, fully demonstrating the international market's continued recognition of our company's technical expertise, product quality, and project execution capabilities.
Iloilo Terminal is a crucial maritime hub in Mindanao Island, Philippines. This project will upgrade the passenger terminal into a 100,000-ton freight terminal, for which our company will provide high-strength, corrosion-resistant premium steel pipe pile products and related technical services. To address the complex marine geological conditions, the products feature special anti-corrosion coatings and advanced welding techniques, ensuring long-term durability and structural safety. Drawing on the extensive local experience accumulated from projects such as Plaridel, our technical team will offer customized processing and logistics solutions to guarantee both quality and project timelines. The Philippine project party noted that our company's outstanding performance in technical strength and project execution was key to winning this cooperation.
Winning consecutive bids for major port projects in the Philippines signifies our company's increasingly solid market foundation in Belt and Road partner countries. The implementation of this project will significantly enhance Iloilo Port's cargo throughput and operational efficiency, contributing to local economic and social development.
