Wednesday, 21 March 2018
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SPEECH  |  Mr. Enrique K. Razon Jr. PMA Alumni Homecoming  


“It is indeed a great honor for me to be invited to the alumni homecoming, and I am proudest of all now to be a member of the Maringal class of 1988. For these honors, I am grateful to the PMA Makatao class of 1989 and PMA class of 1968 for deeming me worthy enough to join their ranks.

The Armed Forces of the Philippines, including the Philippine National Police, is the main institution in our country that has provided stability and continuity to our democracy, and has slowly evolved into an apolitical institution.

Over the decades, the AFP has matured into the backbone and foundation for which we are now able to develop and grow our economy and be more competitive in the global marketplace. I think we can all agree that the country is in a much better position today than we were in just 10 years ago.

How we got to where we are today was not a straight and smooth path, but a very winding and bumpy road. At times we lost our way, but all throughout, it was the AFP and the military institution that was the rudder that always helped right the ship and steer us forward albeit on very rough seas. I only wish I could say the same about some of our civilian institutions.


We are still far from where we need to be, but I am confident that the growing strength and prestige of the AFP will guide us in what is hopefully a much straighter path ahead. I have no doubt that the Armed Forces will always do the right thing for the country.

And the heart and soul of the Armed Forces is where we are today — the Philippine Military Academy. This is the institution that molds, nurtures and educates the leadership of the AFP, providing the character and the culture of the brave men and women that keep us safe and allow us to live in peace and go about our daily lives while these men and women constantly place themselves willingly in harm’s way.

The academy is one of, if not the most, highly respected and credible institutions that we have.  It’s legacy of gallantry, truth and patriotism have stood the test of time. I am humbled to be a part of this hallowed institution, and to be among the finest of soldiers. Our country continues to face challenges and dangers from within and without. The growing and real threat of terrorism was driven home by the recent battle in Marawi. The terrorists were defeated in the battle field by the AFP, but this is not just a problem for the AFP. It is a problem for all of us, and we need to do what we can to support the Armed Forces in battling terrorism in all its forms.

We have many challenges on nearly every front, and many of us in business are doing what we know best to contribute to nation building – by investing, helping grow the economy, increasing employment, which logically should go a long way in reducing poverty and crime.

Add all of these forces working together, and we have the building blocks for a great nation. I can only hope that at some point, our politics will also mature, and our laws apply to all and not just used against political opponents by one administration after another. We experience our democracy one day every six years in what has seemingly become more and more a winner takes all contest.

However, the military establishment remains a constant, providing comforting stability.

In closing, I once again thank you for this honor, and I wish you all an enjoyable homecoming.”

Thank you.

Mr. Enrique K. Razon Jr is the Executive Chairman and Chief Executive Officer of Bloomberry Resorts Corporation. Mr. Razon serves as the Chief Executive Officer and President of International Container Terminal Services, Inc. He is the Owner of Prime Metroline Transit Corporation. He serves as the President of Cebu International Container Terminal, Inc. He serves as the Chairman and President of ICTSI Ltd., International Container Terminal Holdings, Inc., Razon Industries, Inc., and Sureste Realty Corp. He serves as the Chairman and President of Provident Management Group, Inc. He served as an Executive of EEI Corp. He served as the President of Bloomberry Resorts Corporation until October 1, 2013. He served as Chairman and President of Active Alliance, Inc., since November 23, 2011. He has been the Chairman of International Container Terminal Services, Inc. since 1995. He serves as the Chairman of Monte Oro Resources & Energy, Inc., ICTSI Manila Holdings, Inc., ICTSI Warehousing, Inc., Sureste Properties Inc., Provident Management Group, Inc. and Australian International Container Terminal Limited, Asia Star Freight Services, Sureste Properties, Inc., and Provident Management Group, Inc. He served as the Chairman of Ensenada International Terminal S.A. de C.V. and Titan Insurance Brokers, Inc. from 1997 to 2001 and of ICTSI International Holdings Corp. from 1994 to 2001. Mr. Razon has been a Director of International Container Terminal Services, Inc. since 1995. He serves as a Director of ICTSI (Hong Kong) Ltd., Cebu International Container Terminal, Inc., Subic Bay International Terminal Holdings, Inc., Subic Bay International Terminal Corporation, Baltic Container Terminal, Tecon Suape S.A., Madagascar International Container Terminal Services Ltd., ICTSI Hongkong Ltd., Contecon Guayaquil SA, Xcell Property Ventures Inc., Yantai Rising Dragon International Container Terminal Ltd., International Exchange Bank, CLSA Exchange Capital, ABX Pan Globe Logistics, Inc., Kamahalan Publishing Co., Kagitingan Printing Press, Inc., Excell Properties and Phil Realty, Inc. and Philippine Skylanders, Inc. He served as a Director at Pakistan International Container Terminal Ltd since October 19,2012 until January 24, 2013. Mr. Razon served as a Director of A. Soriano Corp. from April 16, 1997 to June 18, 2007. He served as a Director of Buenos Aires Container Terminal Services, S.A., Internacional de Contenedores Asociados de Veracruz, S.A. de C.V., International Port Services Co., Ltd., Karachi International Container Terminal Ltd., and Tanzania International Container Terminal Services, Ltd. until 2001. He is also a member of the American Management Association, Management Association of the Philippines, Pacific Basin Economic Council and World Economic Forum. In 2003, he was named by the President of the Republic of the Philippines as a member of the Public-Private Sector Task Force on the Reconstruction and Development of Iraq. Mr. Razon holds a Bachelor of Science in Business Administration from De La Salle University (1980).

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