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PIA Press Release

International seaport soon to rise in Pangasinan

Dagupan City (29 June) -- Pangasinan may soon have an international seaport.

Gov. Amado T. Espino, Jr., said that Secretary Leandro Mendoza of the Department of Transportation and Communications (DOTC) has given the green light to start the construction of the international seaport in Sual town.

Espino said that the project will be under a novel joint venture scheme where the national government and the host province and municipality will jointly fund and manage the construction as well as operations of the port.

As per the cost sharing scheme, the provincial government will earmark P200 million while Sual will shoulder P100 million. The national government thru the Philippine Ports Authority (PPA) and DOTC will allocate P100 million each.

"This is a long overdue project, a dream that is coming true," Gov. Espino said.

He said that it is ironic to see fuel and fertilizer products being transported thru Poro Point in La Union or in Subic although Pangasinan has over 60 percent share of the total demand for these products in the entire Region I.

The province is expected to gain huge benefits in terms of employment opportunities, support services, building of new industries, export of rich mineral products and opening of new windows of other opportunities that will bring a lot of economic activities in Pangasinan, he said.

According to the governor, twenty locators have already signified their intention to set up their investments in the various piers of the port.

Espino said that he will arrange a meeting with Sual Mayor John Rodney Arcinue and Port Management Officer Silverio Mangaoang, Jr. of Philippine Ports Authority (PPA), next week to finalize the details of the plan for the construction of the seaport. (PIO/PIA Pangasinan/dos) [top]

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