January 6, 2020
Description:
Poro Point Management Corporation (PPMC) marks its 17th Anniversary today, January 6, 2020.
PPMC is the implementing arm of Bases Conversion and Development Authority (BCDA) over the Poro Point Freeport Zone (PPFZ).
PPMC is mandated to develop and manage the PPFZ into a self-sustaining and environmentally sound industrial, commercial, financial, tourism, transshipment, and investment center with the end view of generating employment opportunities and revenues for the government.
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
