PPA Board grants 24% hike in Manila North Harbor tariff rates
JUNE 27, 2017, MANILA—The Board of Directors of the Philippine Ports Authority (PPA) approved on May 25, 2017 the application of Manila North Harbour Port, Inc. for a tariff increase on Manila North Harbour Port, Inc.’s (MNHPI) cargo handling rates.
MNHPI previously applied for a one-time 37.45% increase in tariff in order to recoup their investment at the Manila North Harbor from the time MNHPI took over operations from PPA in 2010.
MNHPI is set to invest about P14.5 billion from 2010 to 2035.