Oil Terminal and Industrial Park Set for Construction in Philippines

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Researched by Industrial Info Resources (Sugar Land, Texas)--The Philippines is preparing for the January 2025 launch of the US$54 Million Sinisian Lemery Batangas Port and Industrial Park (SLPIC) in Lemery, Batangas. This modern facility aims to support the construction and energy sectors with advanced infrastructure designed to meet growing industry needs.

The complex will include the Lemery Oil Terminal, boasting a storage capacity of more than 170 million liters, strengthening fuel security in the region. Additionally, the facility will feature a cement storage hub with an annual capacity of 2 million tons, alongside a port capable of accommodating large oil tankers and cargo vessels.

The opening of SLPIC is expected to stimulate significant economic growth in Lemery and surrounding areas, positioning the town as a key industrial player in the region. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).