Early Life
Enrique K. Razon Jr. was born on March 3, 1960, in Manila, Philippines. He comes from a third-generation Spanish-Filipino family with deep roots in marine cargo handling. At the age of 17, he left school to work in his family's cargo-handling business, which gave him first-hand experience in the industry. Razon attended De La Salle University in Manila.
Rise to Success
In 1987, Razon co-founded International Container Terminal Services, Inc. (ICTSI) with the Soriano Group to bid for the Manila International Container Terminal (MICT) contract. After securing the MICT contract in 1988, Razon spearheaded its development, transforming ICTSI into the Philippines' leading port operator. Under his leadership, ICTSI launched an international and domestic expansion program in 1994, managing terminals across Asia-Pacific, Eastern Europe, Africa, and the Americas. He is also the Chairman of Bloomberry Resorts Corp, which developed the Solaire Resort and Casino, an integrated resort complex in Metro Manila's Entertainment City.
Key Business Strategies
Razon's success stems from his strategic leadership and global expansion of ICTSI. He has a strong focus on operational excellence, strategic expansion, and disciplined cost management. ICTSI has become one of the leading global port operators, with operations in 32 terminals in 19 countries. Razon expanded the ICTSI worldwide after earning the Manila International Container Terminal contract in 1988. He has diversified his business interests into the gaming and hospitality sectors.
Philanthropy
Razon is involved in philanthropy through the ICTSI Foundation, Inc., which oversees the ICTSI Group's corporate social responsibility initiatives. He supports the local golf community with initiatives such as the Philippine Golf Tour and the ICTSI-The Country Club program. In 2003, he donated P50 million to De La Salle University's sports development. He has also focused on building a mega-vaccination site and acquiring millions of doses of Moderna vaccines during the pandemic.
