SUBIC BAY FREEPORT— The collection district of the Bureau of Customs (BOC) accomplished an historic revenue collection fete by generating P16.087 billion revenues from port users and locators at this former US Naval Base.
The collection performance was more than 58 per cent the amount generated during the same period last year which reached P10.122 billion.
Acting Port of Subic district collector Maritess Martin, who was earlier commended by BOC Commissioner R. J. Guerrero during the district observance of its 26th year anniversary for the agency’s consistent revenue target performance attributed record breaking performance to the out of the box” cooperation of its co-workers.
She said Commissioner Guerrero has given a target of revenue income for the whole 2019 of P23.900 billion against last year total collection of P22.571 billion.
The Port of Subic major source of revenue comes from the importers of petroleum products and from multinational firms utilizing the facilities of the Subic Bay International Terminal Inc. (SBITC), the private operator of the modern container cargo terminal.
Subic Bay Metropolitan Authority (SBMA) chairman-administrator Wilma T. Eisma lauded the achievements made by the government second revenue collection agency by achieving almost 60 per cent increase of its revenue contribution to the national coffer and its close coordination on the Canadian Garbage pull out from the Port of Subic.
