Enrique K. Razon Jr. is Chairman of the Board and President of International Container Terminal Services, Inc. (ICTSI), a Philippine-based company involved in the management and operation of 30 ports and terminals in 21 countries. He is also Chairman of Bloomberry Resorts Corp. (BRC), owner of Solaire Resort and Casino, an integrated resort complex in the Philippines’ Entertainment City. ICTSI and BRC are both listed in the Philippine Stock Exchange.
Mr. Razon belongs to the third generation of a family involved in the business of marine cargo handling. The Razon Group has a long-standing reputation of being pioneers and innovators in the management and development of ports, terminals and related facilities. The group’s proven track record stems from over 90 years’ experience in integrated cargo handling, stevedoring and other port services in the Philippines and abroad.
In 1987, the Razon Group and the Soriano Group incorporated ICTSI, initially to bid for the Manila International Container Terminal (MICT) in the Philippines. After winning the MICT contract 1988, Mr. Razon spearheaded the MICT’s development program. The MICT today is the country’s premier international gateway. ICTSI also operates seven other terminals in the Philippines.
After consolidating and strengthening its base and flagship operation at the MICT, ICTSI launched an international and domestic expansion program in 1994. ICTSI is recognized today as a leading operator, innovator and pioneer in the field of port management with a track record that confirms its ability to rapidly adapt to different operating environments, and to add substantial value to its operated terminals by enhancing their efficiency at every level. The company continues to pursue prospects in Asia Pacific, the Middle East, Africa, the Americas and Europe.
Mr. Razon sits on the board of most ICTSI subsidiaries worldwide and of several leading foreign and Philippine corporations. His other investments are in real estate, power, mining, oil and gas exploration, and leisure facilities including a golf course in the Philippines. Mr. Razon also chairs the ICTSI Foundation, Inc., which oversees the ICTSI Group’s corporate social responsibility advocacies.
Mr. Razon is a member of the Management Association of the Philippines, the US Philippines Society, the ASEAN Business Club and Philippines, Inc.