Friday, 11 July 2025, 7:47 pm

    Six-month PPA revenue powers past ₱14.8B mark

    The Philippine Ports Authority (PPA) reported a 13.65 percent increase in revenue reaching ₱14.85 billion in the first half of 2025, up from ₱12.91 billion during the same period last year. This highlights the agency’s pivotal role in supporting Philippine trade, tourism, and national infrastructure development.

    PPA general manager Jay Santiago attributed the revenue surge to robust cargo and passenger traffic, along with strategic modernization efforts across the country’s ports. “Every peso of revenue… tells a story of livelihoods sustained, communities linked, and opportunities created,” Santiago said.

    Cargo throughput rose 7.54 percent to 148.93 million metric tons, while container traffic increased to 4.16 million TEUs from 3.75 million. Passenger numbers grew 10.25 percent to 45.99 million. The cruise segment recorded a standout 91.25 percent increase, with 143,149 passengers, almost double last year’s total.

    PPA is also advancing 90 port modernization projects nationwide—38 in Luzon, 30 in Visayas, and 22 in Mindanao—underscoring its economic and logistical significance. Key developments completed in the first half include expansions at Capinpin, Romblon, and Salomague Ports, as well as major upgrades in Cagayan de Oro, Camiguin, and Davao del Sur.

    With port operations directly contributing to economic activity, Santiago emphasized PPA’s commitment to building capacity and ensuring ports remain “strong pillars of national development.”

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