MICP raises P65 M from non-traditional revenues | mb.com.ph | Philippine News
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MICP raises P65 M from non-traditional revenues

Amid its monthly collection shortfall, the Manila International Container Port (MICP), the country’s biggest port, generated P65 million in non-traditional revenues in the first four months of the Duterte administration.

MICP raised the amount from the public auctions of forfeited imported goods it conducted from July 1 to Oct. 4.

Data culled from the Manila Port showed that 108 container vans filled with assorted items were disposed during the period, in which 30 containers were loaded with automobiles and motorcycles.

“This is our way of contributing to the revenues of the agency,” said Gerry Macatangay, chief of the MICP’s Auction and Cargo Disposal Division, said.

Just last Oct. 4, he said the proceeds from the sale of various goods in 10 lots were P14.46 million.

The MICP were able to auction off stainless steel boilers, zinc alloy Ingot bars, metal scraps, Japanese rice wine, submersible pumps, aluminum screen, and used dump trucks, among others.

Other items, however, were not sold due to failed and cancelled bidding such as Chevrolet Venture, four sets of computerized embroidery machines, 14,640 assorted colored helmets, and 205 cartons of blank CD/DVD and CD/DVD casing.

The Manila Port is on track to meet its record-high collection of P580 million from public auctions by yearend.

From January to October, the MICP already earned P243.44 million for the sale of 689 containers of forfeited imported goods.

Under the current administration, the Bureau of Customs (BOC) has continued to dispose these items not only to raise additional revenues for the government, but also to help decongest the container yards in its collection districts.

On October 26, the Manila Port is set to hold another auction consists of 16 lots of various goods such as mosquito coils, blankets, truck parts, plastic sheets, air-conditioners, utensils, and used photocopiers.

MICP is expected to generate additional revenues of P21 million from the auction sale.