Location
Philippines / Asia Pacific
Project record
AIIB loan approved; three terminal programmes active on separate schedules
AIIB's USD 300 million Project Crane facility is not one works contract. Public records resolve it into three delivery lanes: MICT Berth 8 and electric ship-to-shore cranes; MCT's 300-metre wharf extension and localized dredging; and Bauan/SLCT quay, dredging, backfilling, yard, equipment, and resettlement works.
Philippines / Asia Pacific
Port infrastructure
Construction / Confirmed
16 July 2026
Coverage
Port infrastructure is the primary work classification. Related sectors connect this record to adjacent marine delivery and market coverage.
Subject index
These subject pages bring together related projects, technical articles, reports, and evidence methods.
Project anatomy
Project timeline
Dated events that changed scope, counterparties, delivery, commissioning or operating status.
Open this project in the Change LogICTSI linked the facility to MICT, SLCT, and MCT and published terminal capacity targets through 2028. The announcement confirms intended use at portfolio level, but it does not identify package allocations, contractors, disbursements, or accepted assets.
SourceApproval set the nonsovereign senior unsecured corporate loan and result framework for BIPI, MICP/MCT and MICT. The three terminal programmes remained separate, with site-level awards and completion still to be evidenced.
SourceThe launch release says Phase 1 construction started in September 2025, describes a 400-metre quay, and targets September 2027 completion. Those statements conflict with ICTSI's January 2026 425-metre and May-to-September 2027 programme, so neither version should be silently normalized.
SourceThe release defines a 425-metre quay, 11-hectare yard, four remote super post-Panamax cranes, and 800,000-TEU initial capacity, with construction described as May to September 2027. It is a programme disclosure, not contractor or acceptance evidence.
SourceThe annual report moves MCT beyond a concession-linked investment plan into physical expansion and records more than 300,000 TEUs plus a 13 percent berth-productivity improvement. It does not identify the contractor, dredging progress, or completed wharf length.
SourceThe concept-review date establishes the lender's formal appraisal sequence. Earlier MICT, MCT, or BIPI assets and activities cannot be labelled AIIB-financed merely because they later appear inside the corporate facility's result framework.
SourceThe 25-year extension keeps MCT under MICTSI management to 2058 and accompanies a stated investment of more than USD 100 million, including a 300-metre berth extension and new equipment. The announcement records sponsor intent; construction start remains unconfirmed.
SourceThe BIPI ESIA records approval for an auxiliary backfilling component supporting port expansion and coastal protection. Placed volume, completed stabilization, quay acceptance and Phase 2 approval remain outside that backfilling authorization.
SourceThree new Panamax quay cranes became operational and ICTSI described the 300-metre Berth 8 wharf and yard expansion. These commissioned cranes predate AIIB approval and are operating-history context, not evidence of the future electric crane procurement under Project Crane.
SourceICTSI's signed 2025 annual filing places the civil programme start in the final quarter of 2022 and separates yard Phase 1 from berth-and-yard Phase 2. This long-running construction history must remain distinct from the 2026 corporate financing approval.
SourceEvidence gap