The Department of Transportation (DOTr) announced that its attached agencies have turned over a total of P15.29 billion in dividends to the national treasury, funds that will be used for priority projects aimed at improving the lives of Filipinos.
Transportation Secretary Banoy Lopez stated these remittances will help sustain the government’s social, infrastructure, and economic programs. “Every contribution enables infrastructure building, healthcare support, and food security for families,” he added, emphasizing the need for steady, substantial transfers to the national government.
Leading the contributions is the Manila International Airport Authority (MIAA) with a record P7.59 billion, followed by the Philippine Ports Authority (PPA) at P5.33 billion and the Civil Aviation Authority of the Philippines (CAAP) at P1.2 billion.
MIAA general manager Eric Jose Ines noted the amount demonstrates the agency’s commitment to fiscal discipline and good governance, while continuing to strengthen its oversight role. PPA chief Jay Santiago said their record-high remittance comes from consistent revenue growth, and will support ongoing port modernization to boost trade, logistics, and tourism. CAAP Director General Raul Del Rosario explained their contribution reflects dedication to public service, even as the agency invests in aviation upgrades and better connectivity.
Other contributing agencies include the Clark International Airport Corporation with P585.71 million, Cebu Ports Authority with P452.42 million, and Mactan-Cebu International Airport Authority with P129.96 million. These remittances comply with Republic Act No. 7656, or the Dividends Law, which requires government-owned and controlled corporations to remit at least 50 percent of their annual net income to the national government.
