Armm’s ports revenue collections reach P4.9M-A A +A
Sunday, August 10, 2014
MARAWI CITY, Lanao del Sur -- Total collections of the Regional Ports and Management Authority in the Autonomous Region in Muslim Mindanao (Armm) has reached a record-high of P4.9 million for the first semester of this year, its highest revenue ever for the same period and more than double of last year’s P2.4 million.
Hanie Bud, RPMA general manager, said the increase can be attributed to improved implementation of port dues and the cooperation of port users and other clientele, and reflects their overall management.
“We will likely exceed our target collection for this year by as much as 100 percent based on the present trend,” he said.
RPMA had earlier projected a total collection of P6 million for this year. In 2013, the agency generated a P5.4 million-collection from the three base ports and five sub-ports it oversees. Established in 2002, RPMA is the sole Government Owned and Controlled Corporation (GOCC) in the ARMM and contributes largely to the region’s coffers.
“We are mandated to effect reforms so in two years’ time, we generated a P10M trust fund apart from our regular remittance to the Office of the Regional Treasury,” said Bud.
Bud said aside from increased revenue generation, they have enhanced port facilities and passenger terminals in the region that included the installation of improved security and data information system management.
“Major base ports and sub-ports were provided with computers for technical enhancement,” he added.
RPMA operates the base ports in Jolo, Sulu, Bongao, Tawi-Tawi and Lamitan city, Basilan, and sub-ports in Siasi in Sulu, Maluso in Basilan,and Mapun, Sitangkai and Sibutu in Tawi-Tawi. It also exercises regulatory powers in six private ports/wharves in the region. (PIA)
Published in the Sun.Star Cagayan de Oro newspaper on August 11, 2014.