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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 308 -
ACCELERATING THE PRIVATIZATION OF THE NORTH HARBOR
WHEREAS,
the state recognizes the need to privatize and modernize the North
Harbor so as to improve its ability to service its users efficiently
and to help it attain world-class efficiency;
WHEREAS, the Philippine Ports Authority (PPA) is mandated by Sec. 2,
Paragraphs (a) & (b) of its Charter, Presidential Decree No. 857,
as amended, to optimize port financing and development and to ensure
the smooth flow of waterborne commerce passing through the country’s
ports;
WHEREAS, privatization of the North Harbor will free-up the PPA from
the day to day management of the harbor and allow it to set its sites
on aggressively developing the country’s outports as provided for by
Sec. 2 Paragraphs (c) & (e) of its Charter, Presidential Decree
No. 857, as amended;
WHEREAS, in order to maximize the benefits of privatization there
should be many bidders; the bidding process should be transparent; and
the Terms of Reference should include clear commitments, in terms of
deliverables, to modernize the North Harbor;
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines by virtue of the power vested upon me by law, do
hereby order:
Section 1.
a.
b.
c.
d.
e.
f.
This will further decongest the R10 highway which will result in smoother traffic for vehicles heading towards Malabon, Navotas and other Northern destinations.
Sec. 2.
Sec. 3.
DONE in the City of Manila,
this 31st day of October, in the year of our Lord, Two Thousand.
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