Mining industry contributes to revenue surge in Surigao port
By Susil Ragas
SURIGAO CITY, Surigao del Norte --The Port Management Office (PMO) of Surigao has posted its highest all-time revenue in 2023 since its creation in 1977.
Port manager Froilan Caturla said that as early as November 30, 2023,
the PMO's revenue collection had already reached P664,100,211.20, exceeding the
target income of P662,163,745 for the year.
By December 31, 2023, the port had surpassed the target by five percent
as its collection further rose to P695,837,849.89.
“The impressive surge in revenue can be attributed to the sustained growth in income from the mining industry. The strong nickel production and the increasing global demand of this sector resulted in the positive financial impact in Caraga region, particularly in Surigao del Norte, Surigao del Sur, and Dinagat Islands,” Caturla shared.
"Recognizing this significance, PMO Surigao places great importance
on cultivating positive professional relationships with mining companies
operating within its jurisdiction. Simultaneously, it diligently oversees the
collection of dues, penalties, and other charges owed to the Authority,"
Caturla added.
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An aerial view of the Lipata Port in Surigao City that served as a gateway to Mindanao. This port served both local and foreign vessels. Photo courtesy of PMO-Surigao.
Relatively, the Mines and Geosciences Bureau – Caraga Regional Office disclosed that the demand for overall metallic minerals in the region increased, which resulted in the improvement of the sales volume in 2023. Nickeliferous ore improved by 0.33 percent, nickel/cobalt mixed sulfides at 15.66 percent, and chromite sales grew by 1.38 percent.
In 2023, foreign vessel calls at private mining ports increased from 578 in 2022 to 667 in 2023. Furthermore, foreign cargo throughput also increased, with 30,217,234 metric tons shipped compared to 26,212,492 metric tons in 2022.
This collection efficiency underscored the PMO’s unwavering commitment to financial responsibility and effective governance. (PIA-Surigao del Norte with a report from PPA-PMO)
