Mindanao Container Terminal exceeds 1Q target

-A A +A

Friday, April 13, 2012

THE Mindanao Container Terminal (MCT) in Tagoloan, Misamis Oriental has exceeded its monthly target collection in February and March, 2012 by 38 percent, pulling the 16-percent deficit in January to a total of 22 percent over and above the actual goal during the first three months of the year.

Quinciano Pavadora, MCT’s officer-in-charge, said the Northern Mindanao’s major port in Misamis Oriental attributed the significant performance on the increase in tax collection on importation exceeding the total target collection of P1.014 billion to P1.1 billion in the first quarter of 2012.

January’s target was P300 million short to P246 million; February, P336 million to P398 million; March, P379 million to P456 million.


Pavadora, who assumed office in late June 2011, vowed to surpass target collections in the remaining three quarters of the year in effort to help pull up the tax collection in other ports in Northern Mindanao.

Northern Mindanao has five major ports including that in Cagayan de Oro, Iligan and Ozamis.

MCT’s annual target collection is placed at P4.6 billion.

Published in the Sun.Star Cagayan de Oro newspaper on April 14, 2012.


DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!

Today's front page

Sun.Star Cagayan de Oro's front page for January 31, 2015

Other front pages

Sun.Star Jobs
  • Filipino Abroad
  • Festivals
  • Sun.Star Zup!
  • Calamity Report
  • tell it to sunstar
  • goodearth
  • Technology
  • Pnoy
  • Obituary
  • Habemus Papam
  • Pacman blog
  • Sinulog
  • Sunstar Multimedia
  • ePaper
  • SunStar Celebrity
  • Philippine Polls