BOC Port of Subic surpasses its Annual Collection Target for 2020

Subic Bay Freeport – Despite of the pandemic situation, the Bureau of Customs – Port of Subic said it surpassed its 2020 Annual Collection Target as of end of November.

The Port collected a total of Php 25,822,750,322.23 revenue as of the last day of November 2020. A 2.09% higher than its target of Php 25,293,015,679.17 for the whole year.

Likewise exceeded its collection target for the month of November 2020 by 5.87% or a Php 134,951,619.96 surplus against the month’s target of Php 2,298,066,872.00.

It is also collected and recovered a cumulative amount of Php 439,002,071.78 thru its liquidation and Billing Unit from January to November 2020.

Despite hitting the annual target already, the Port will not relax and will continue to strengthen its collection efforts, enhance border security and protection. We will not be complacent for the last few days of the month and still vow to hit its assigned collection target amounting to Php 2,360,478,861.00, Collector Maritess Martin said.

According to Collector Martin, the positive collection performance of the Port is a collective team effort and remarkable work of all the men and women of the Port of Subic.

She also reassures its stakeholders and the transacting public that the Port will continue to provide excellent service, utmost attention and strive to meet their needs all the time as the Port’s mantra would say “Service is the heart of the Port of Subic”. (Dante M. Salvaña)

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