February 14, 2023
Poro Point Management Corporation (PPMC) led by its President and CEO, Atty. Felix S. Racadio attended the 2023 PPMC Performance Target Conference (PTC) with the Governance Commission for GOCCs (GCG) on February 13, 2023, at Makati City. After the deliberation, PPMC’s 2023 Performance Scorecard was readily signed by GCG’s Chairperson Alex L. Quiroz and PPMC’s President & CEO, Atty. Felix S. Racadio. PPMC’s strategic objectives are as follows: to increase economic activity and operating profitability; improve business environment; achieve stakeholders satisfaction; streamline services provided; institutionalize Quality Management System; develop a professional, competent, and motivated workforce; and automate key processes.
In attendance were GCG Chairperson Alex L. Quiroz, GCG Commissioner Gideon D.V. Mortel, GCG Commissioner Geraldine Marie Berberabe-Martinez, together with PPMC President & CEO Atty. Felix S. Racadio, PPMC VP for HR & Administration Ms. Maria Victoria Redempta DG Soriano, PPMC VP for Infrastructure Management Engr. Cerila A. Corpuz, PPMC Business Development Manager Ms. Eliza M. Maconocido, PPMC Finance Manager Ms. Lenima B. Judan, and other officers and staff of GCG.
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