PPA amends policy on awarding of port terminal contracts

Source: Port Calls

May 23, 2023

• The Philippine Ports Authority amended its policies on the awarding of port terminal management contracts

• PPA Administrative Order No. 03-2023 provides greater detail on “clustering” or granting to only one terminal operator the terminal management contract for several ports

• The order reduces the investment categories to just three tiers from six, and included concession periods for every tier

• A minimum escalation of 5% per year is the proposed concession fee under AO 03-2023

• The order takes effect on June 3

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