June 10, 2025
Description:
The Bases Conversion and Development Authority (BDA) has extended the interim operation of the San Fernando SFIS under Poro Point Management Corporation (PPMC).
PPMC’s extension on the management and operation of the SFIS affirms its significant contribution to the seaport development. From December 2024 to May 2025 which generated more than Php50 million in revenues from port leases, vessel and cargo fees, and government shares from port services.
PPMC remains steadfast in advancing its vision of transforming the Poro Point Freeport Zone into an Innovative Economic Engine of Growth in Northern Luzon.
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
