The Philippine Ports Authority (PPA) plans to privatize 12 seaports in Luzon and Mindanao this year as part of its public-private partnership (PPP) initiatives to boost infrastructure and logistics.
Ports such as Balingoan, Jasaan, General Santos, and several in Mindoro and Quezon are included, with feasibility studies either completed or underway.
The PPA aims to leverage private sector resources and technologies to improve port operations and efficiency amid rising logistics demand.
Experts say privatization can simplify processes and speed up investments, benefiting traders and travelers, though some caution about external economic risks.
This move follows the government’s broader strategy to privatize transport facilities, as seen earlier with the successful handover of the Iloilo Commercial Port Complex.
Source: PhilNews24 | July 7, 2025