PPA expects to beat cargo volume, passenger traffic targets for 2025

THE PHILIPPINE Ports Authority (PPA) said cargo and passenger traffic this year have been stronger than expected, with targets expected to be exceeded when demand peaks in the fourth quarter.

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“PPA remains positive that it will meet its yearend targets. If current trajectories hold, the PPA is confident that it will exceed its target for the year,” the PPA told BusinessWorld via Viber.

The port regulator is targeting cargo throughput of 301.47 million metric tons (MT), while container volume is anticipated to top eight million twenty-foot equivalent units (TEUs) by year’s end.

“The cargo outlook remains favorable, supported by robust demand for construction materials (amid) ongoing infrastructure projects. Growth in mining activities and rising exports of raw minerals are expected to sustain consistent bulk shipment volumes throughout the year,” the PPA said.

For the third quarter, the PPA tallied 83.34 million metric tons of cargo, up 4.7% from a year earlier.

Container traffic for the three months to September increased 11.11% to 2.2 million TEUs, while passenger volume hit 17.41 million, down 7.25% from a year earlier.