BCDA Unit Takes Over San Fernando Seaport Operations
The Philippine Star|January 04, 2025
State-run Bases Conversion and Development Authority (BCDA) has authorized its subsidiary, Poro Point Management Corp. (PPMC), to manage the San Fernando Seaport in La Union until a new operator is chosen.
Louella Desiderio

BCDA president and CEO Joshua Bingcang and PPMC president and CEO Felix Racadio signed a memorandum of agreement (MOA) granting PPMC temporary operational control of the seaport to ensure continuity of operations and provision of services.

This follows the expiration of the lease contract of the seaport's previous operator Poro Point Industrial Corp. (PPIC) on Oct. 31, 2024 and its intention to cease operations.

BCDA, PPMC and Bulk Handlers Inc. formed PPIC in 1999 to manage the San Fernando Seaport.

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