The Philippine Ports Authority is a Government Owned and Controlled Corporation (GOCC) attached to the Department of Transportation and Communications (DOTC). Organization-wise, the PPA set-up is influenced by the peculiar geography of the Philippines.
Is Philippine Ports Authority a government agency?
The PPA is the primary government agency concerned with the planning and development of the country’s seaports. Established in 1974, the PPA’s charter was amended by Executive Order 857, which expanded its functions to include the integration and coordination of ports nationwide.
What is the purpose of PPA?
The purpose of the PPA is to evaluate if the fair value of all assets and liabilities on the opening balance sheet is different from the stated book value.
What is the meaning of Port Authority?
: a governmental commission empowered to manage or construct port facilities.
What is transport function of a port?
Ports serve as important transportation hubs that facilitate goods movement goods movement The distribution of freight (including raw materials, parts and finished consumer products) by all modes of transportation including marine, air, rail and truck. to businesses in local communities and worldwide markets.
What are the mandates of PPA?
Provide reliable and responsive services in ports, sustain development of communities and the environment, and be a model corporate agency of the government. Establish a mutually beneficial, equitable, and fair relationship with partners and service providers.