The Bases Conversion and Development Authority (BCDA) has authorized its subsidiary, Poro Point Management Corp. (PPMC), to temporarily manage the San Fernando Seaport in La Union following the expiration of the previous operator's lease. This move ensures continuity of services while the BCDA prepares for a competitive bidding process to select a new operator.
The Bases Conversion and Development Authority announced on Friday that it authorized its subsidiary, Poro Point Management Corp. , to manage the interim operations of the San Fernando Seaport in La Union. The move follows the expiration of the lease contract with the previous operator, Poro Point Industrial Corp. , on October 31, 2024.
“The BCDA recognizes the vital role played by the San Fernando Seaport in facilitating international trade, boosting supply chains, and supporting various industries in La Union and Northern Luzon. The seaport has been a key driver of growth, generating jobs and livelihood for the community,” said Bingcang.Effective November 6, 2024, PPMC will oversee the seaport's operations until a new operator is appointed.
San Fernando Seaport BCDA PPMC Lease Expiration Interim Operations
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