Costing P1.8 billion Just two years after its initial operation, Davao International Container Terminal’s (DICT) annual capacity will double to more than 700,000 twenty-foot equivalent units (TEUs) after the second phase of an expansion program is completed in July, 2016. ​ The R1.8-billion expansion for the port located in Panabo, Davao del Sur includes rehabilitating and converting the existing Berth 2 into a container terminal and installing two post-Panamax cranes, DICT v

The volume of cargo handled at the Davao International Container Terminal (DICT) in Panabo City is expected to double within the next two years as expansion work is planned for completion this year, said a top company official. ​ Alexander Anthony N. Valoria, president of Anflo Management and Investment Corp. (Anflocor), the holding company of the Floirendo group that runs the port, said the target increase in volume is likely with more shipping companies expressing intent to