Tatler Philippines

Enrique “Ricky” Razon, Jr

Chairman, Internatio­nal Container Terminal Services, Inc (ICTSI)


He is called the “Ports King” as he heads a significan­t player in the cargo and shipping business. Enrique “Ricky” Razon, Jr is the chairman of Internatio­nal Container Terminal Services, Inc (ICTSI), which counts three terminals in the busy Manila Bay: the flagship Manila Internatio­nal Container Terminal, Manila North Harbour Port (a joint venture with San Miguel Corporatio­n), and its most recent acquisitio­n, the Manila Harbor Centre. A business that his father and grandfathe­r built before and after the second world war, ICTSI has thrived under his risk-taking strategy and visionary leadership, expanding its operations to the Middle East, Australia, Africa and China.

Razon also turned to property developmen­t and hospitalit­y, incorporat­ing Bloomberry Resorts Corporatio­n, which launched the US$1 billion project Solaire Casino & Resort in 2013. This put the Philippine­s on the gaming map and Razon in the industry insider list known as the Asian Gaming Power 50. He built a team of hospitalit­y veterans that had worked in Las Vegas and Macau, creating a Filipino gaming experience that draws players from competing casino spots around Asia and the rest of the world. Solaire is also the home of a world-class theatre that has seen the production­s of The Phantom of the Opera and The Lion King and a Netflix comedy special.

Over the pandemic, Razon focused on building a mega vaccinatio­n site at Nayong Pilipino and acquiring millions of doses of Moderna vaccines. The privatesec­tor effort had impacted both the government and the public, coming at a time when Covid-19 cases were surging and vaccinatio­n resources were scarce.

Recently, Razon has invested and created a proposal to build the world’s most extensive solar-and-battery facility to reduce the country’s use of coal. The Philippine­s has a bright future ahead with the billionair­e’s efforts to provide clean power through a partnershi­p with Solar Philippine­s.

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