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JBIC INBOUND MISSION EXPLORES INVESTMENT POTENTIAL IN PORO POINT FREEPORT ZONE

September 3, 2026

AUTHOR: Jucutan Clarisse Joy

Description:

delegation from the Japan Bank for International Cooperation (JBIC) for an inbound mission showcasing the investment landscape and strategic potential of the Poro Point Freeport Zone (PPFZ).
The delegation, led by Mr. Hiroshi Sagawa, JBIC Chief Representative, was warmly received by Hon. Servillano C. Flores Jr., PPMC President and CEO. Designed to foster direct engagement between Japanese investors and PPMC, the visit featured a comprehensive presentation highlighting PPFZ’s primary investment areas and strategic infrastructure initiatives.
Key PPFZ locators also presented their ongoing operations and expansion strategies during the mission: Thunderbird Pilipinas Hotels and Resorts, Inc.; Leading Edge International Aviation Academy, Inc.; AAG International Center for Aviation Training Corp.; Poro Point Agro-Industrial Development Co., Inc.; and Poro Point Suma Water, Inc.
PPMC remains committed to building strong international partnerships and establishing PPFZ as the leading catalyst for sustainable economic growth in Northern Luzon.

Poro Point Management Corporation

The Poro Point Freeport Zone used to house the former Wallace Air Station. The enactment of Republic Act 7227 (Bases Conversion and Development Act) on March 19, 1992 and Proclamation No. 216 on July 27, 1993 effectively transferred the stewardship of the Freeport to the Bases Conversion and Development Authority (BCDA) to facilitate its conversion into a productive economic growth center.

Gov. Joaquin L. Ortega Ave. (Formerly Pennsylvania Ave.) San Fernando City 2500, La Union Philippines

Tel No. (+63) (72) 242-40-16; (+63) (72) 610-48-09 Fax No. 242-0683