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ICTSI Expands Brazilian Port Operations Amidst Global Trade Slowdown
ICTSI, controlled by Filipino billionaire Enrique Razon Jr., is expanding its Brazilian port operations by acquiring a 47% stake in a property adjacent to its Rio terminal for $580 million, aiming to increase cargo handling capacity despite global trade slowdown concerns.
ICTSI Expands Brazilian Port Operations Amidst Global Trade Slowdown
ICTSI, controlled by Filipino billionaire Enrique Razon Jr., is expanding its Brazilian port operations by acquiring a 47% stake in a property adjacent to its Rio terminal for $580 million, aiming to increase cargo handling capacity despite global trade slowdown concerns.
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