CAGAYAN DE ORO CITY -– The port of Cagayan De Oro is now the third busiest port in the country and the busiest outside Metro Manila, the Philippine Ports Authority (PPA) here reported Friday.
A report from the PPA central office in Manila showed that the Port of Cagayan de Oro handled 1,398,968 metric tons (MT) from January to March this year, third only to the Manila North Harbor and the Manila International Container Terminal.
In its quarterly report, the PPA central office stated that the domestic freight handling made the bulk of the cargo – 622,499 MT of incoming traffic and 605,372 MT of outbound cargo, totaling 1,227,871 MT of domestic freight.
The Port of Macabalan here, the city’s main port area, likewise handled a total of 150,607 MT of imported goods and 20,490 MT of products for export.
For the same period, Manila North Harbor handled 5,557,761 MT in shipments traffic as compared to Manila International Container Terminal’s 3,746,201.
The same report also stated that a total of 50 million metric tons passed through the various ports nationwide in the first quarter of 2016, up 6.4 percent from only 47 million metric tons for the same period last year.
The PPA report came days after the Philippine Statistics Authority (PSA) released its own 2015 census results, putting Cagayan De Oro with a 2.23 percent population growth rate, cementing its status as the business hub in Mindanao. PNA/ northboundasia.com