ICTSI cited by BOI for economic contribution
International Container Terminal Services Inc. bagged the 2017 Guinogulan Award for Large Enterprises for its significant contribution to the country’s economic growth.
The Guinogulan, which means “Lord of Gold” in Filipino, recognizes Board of Investment-registered companies that contribute to the country’s economic growth 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.
“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,” said Christian Gonzalez, ICTSI senior vice president and head of Asia Pacific region.
ICTSI gives its employees the opportunity to work abroad in the group’s global operations with the assurance that their jobs are secure when they return home.
“Employees on overseas assignment are given expatriate remuneration. They are expected to rollout ICTSI’s brand of terminal operations in a foreign port, but when they go back home, they have to share the knowledge they acquired overseas,” Gonzalez said.
With 31 port terminals and projects in 18 countries, ICTSI employs and a total of 10,000 individuals worldwide, 2,000 of which are based in the Philippines.