The Poro Point Management Corporation (PPMC) has earned Php50 million in revenues from December 2024 to May 2025 during its interim operation and management of the San Fernando International Seaport in the Poro Point Freeport Zone, La Union. The port’s growing viability as a key logistics node in Northern Luzon has also created around 3,200 jobs within the first half of 2025.
The earnings came from port leases, vessel and cargo fees, and government shares from port services, with rates aligned to Philippine Ports Authority (PPA) benchmarks to ensure competitiveness and regulatory compliance.
The Bases Conversion and Development Authority (BCDA), which oversees PPMC, welcomed the milestone as a step toward a more dynamic and connected regional economy.
“This performance affirms the potential of San Fernando International Seaport as a vital logistics and investment hub,” said BCDA President and CEO Joshua M. Bingcang. “As we continue to modernize our ports, we are opening more doors for trade, employment, and inclusive growth in the region.”
To support this growth, PPMC has carried out major repairs and upgrades across the port estate from December 2024 to May 2025. Completed improvements include:
Refurbishment of port offices and basic facilities,
Replacement and repositioning of rubber fenders and concrete curbs,
Conversion of port lighting systems to LED,
Upgrading of electrical lines at Piers 1 and 2,
Establishment of a systematic waste disposal mechanism and janitorial maintenance, and
Coordination with third-party experts for technical assessments and benchmarking with PPA and Subic Bay Metropolitan Authority.
“The rehabilitation and expansion of the San Fernando International Seaport will help drive opportunities for the local community in Northern Luzon. It will create jobs for local residents, bring in new businesses, and gain traction in the tourism sector,” PPMC PCEO and OIC Chairperson Felix Racadio said.
Developed through public consultation, a new tariff structure for cargo handling and port service fees was approved by the PPMC Board in April 2025. It is set to take effect on June 5, 2025, enabling more stable and sustainable revenue streams moving forward.
Additionally, PPMC reaffirmed its policy on inclusive employment, requiring at least 85% of port service personnel to come from the City of San Fernando and the Province of La Union.
With its solid interim performance, upgraded facilities, and local workforce engagement, BCDA and PPMC are optimistic that the San Fernando International Seaport is poised to play a leading role in Northern Luzon’s economic transformation.