28.8 C
Cagayan de Oro
Friday, August 28, 2026
spot_imgspot_img

𝐏𝐇𝐈𝐕𝐈𝐃𝐄𝐂-𝐈𝐀 Lauded in 𝟐𝟎𝟐𝟔 𝐆𝐎𝐂𝐂 𝐃ay

The PHIVIDEC Industrial Authority (PHIVIDEC-IA) was one of the government-owned and controlled corporations (GOCCs) recognized during the 2026 GOCC Day held on July 8, 2026, in the Ceremonial Hall, Malacañang.

PHIVIDEC-IA remitted a total of ₱443.52 million to the national government’s coffers this year, ₱58 million higher than the 2025 contribution of ₱385.41 million.

PHIVIDEC-IA Chairman of the Board, Engr. Augustus N. Adis represented the authority, and  received the recognition given by His Excellency President Ferdinand R. Marcos Jr.

The dividend increase is the outcome of continued efforts to entice new business enterprises to locate inside the industrial estate. This increase was attributed to port dues, real property tax, and lease rental collections.

The strong performance of the business locators within the estate is indicative of higher revenue performance. This income and dividend share increase has demonstrated PHIVIDEC-IA’s capacity to fulfill its industrial development mandate in providing the national government with revenues for our country’s development.

We at PHIVIDEC-IA would like to express our deepest gratitude to all our clients and stakeholders for making this accomplishment possible. We will continue to serve with excellence and commitment to achieving our country’s long-term goals.

spot_imgspot_img

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

17,000FansLike
449FollowersFollow
1,170SubscribersSubscribe
spot_imgspot_img

Latest Articles

spot_imgspot_img