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Business & Finance

about 12 years ago

The Philippines: PPA Lines Up Port Action Plan for 2014

With the Asean Economic Community (AEC) in mind, the Philippine Ports Authority (PPA) has identified the major projects that will be undertaken in 2014, all in preparation for the implementation of the AEC by next year. In the annual New Year’s Toast held at the PPA Head Office recently, attended by

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With the Asean Economic Community (AEC) in mind, the Philippine Ports Authority (PPA) has identified the major projects that will be undertaken in 2014, all in preparation for the implementation of the AEC by next year.

In the annual New Year’s Toast held at the PPA Head Office recently, attended by senior and junior officials of the state-owned agency, General Manager Juan C. Sta. Ana said the Authority is bent on complying with the requirements of the AEC taking into consideration the repercussion of non-compliance.

“ This year, we are expected to introduce breakthrough changes in our policies particularly in the streamlining of our requirements, more deployment of technology-driven processes to improve the delivery of our services and reform in the modality of adjusting cargo-handling tariff and other charges and fees,” Sta. Ana said.

The AEC is the goal of regional economic integration by 2015. AEC envisages key characteristics such as a single market and production base; a highly competitive economic region; a region of equitable economic development and a region fully integrated into the global economy.

[mappress]

Press Release, January 22, 2014

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