PPA steps up infra upgrades as port revenues surge 9% in Q1
21 MAY 2018, MANILA—The Philippine Ports Authority (PPA) is accelerating its port infrastructure projects after port revenues posted strong figures in the first three months of the year.
PPA continues to post favorable performance after posting a banner year in 2017 in terms of revenues and dividend remitted to the national coffers.
PPA General Manager Jay Daniel R. Santiago said the positive deviation provides the agency bigger elbow room to further improve the ports with high concentration of cargoes and passengers.