Adani's APSEZ plans port development in Philippines

06 May 2024 CW Team

The office of the President of the Philippines revealed that APSEZ, a firm under the Adani Group, expressed interest in developing a port in Bataan province. According to a statement, Karan Adani, the Managing Director of APSEZ, had a meeting with President Ferdinand R Marcos Jr at Malacanang on May 2. During the meeting, Adani discussed the group's intentions regarding the port project.

Adani mentioned that APSEZ aims to establish a port in the Philippines owing to the stable leadership and favourable environment in the country. He elaborated that their plan involves constructing a 25-metre deep port capable of accommodating Panamax vessels. Additionally, the Adani Group is considering investments in ports, airports, power, and defence sectors.

Quoting Adani, the statement highlighted Marcos's positive reception towards APSEZ's expansion plans. Marcos proposed that the focus of the port operations could initially revolve around handling agricultural products, enabling the Philippines to compete on a global scale eventually. He suggested that APSEZ should begin its operations regionally, with the ports initially catering to local or domestic shipping needs before venturing into the international market.

Furthermore, Marcos mentioned the government's efforts to develop gateways for tourists and business travellers, as well as facilitating affordable and reliable transportation of agricultural products within the country.

APSEZ, a segment of the globally diversified Adani Group, is recognized as the largest port developer and operator in India. The company currently manages seven strategically positioned ports and terminals on the west coast, along with eight on the east coast of India.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..