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Wednesday, September 14, 2011

ICTSI Set Sights on Investing in Ports at Greece

Our generation needs an ENTREPRENEURIAL REVOLUTION.

Horizons are dark for lenders and investors in Greece instruments.  Many holders of Greece debt papers will take a hit in case of Greece debt default and/or Greece leaving the European Union.

News has it that International Container Terminal Services, Inc, a Filipino company headed by Enrique Razon has set set aside $500 million for its new port acquisition.  The primary target it is said is Greece which is hard pressed for cash and ready to sell some of its assets for quick cash. The assets can be bought at low prices at this point.

ICTSI has investments in various ports:  Portland in USA, Mexico, India and other countries in Europe.

l.  What do you think of this move of  ICTSI?

2.  How come, a Filipino company like ICSTI can go global?

3.  Can other Filipino companies/entrepeneurs also go global?

4.  If Razon can do it, why can't other Filipinos?  Other Juans? (ones)

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