Total dividend contributions from line agencies under the Department of Transportation (DOTr) amounting to PHP15.29 billion were remitted to the national government to help fund critical projects that will improve Filipinos’ lives.
President Ferdinand Marcos Jr. recognized the government-owned and controlled corporations (GOCCs) that collectively remitted dividend remittances totaling to PHP140 billion, following his directive to ensure efficiency of government day-to-day operations and judicious management of government funds.
“May you never lose sight of the reason you exist—your foremost mandate is that of public service. Profit is never the end in itself. It is just a means to better serve our people. And that is why I challenge every GOCC to continue modernizing your systems, embracing innovation, and eliminating inefficiencies wherever they may exist,” President Marcos, Jr. said during the 2026 Government-Owned and Controlled Corporations’ Day at the Malacanang Palace on Wednesday, July 8.
Transportation Secretary Banoy Lopez said the contributions of agencies under the DOTr will ensure continuity of social, infrastructure and economic programs of the government.
“Importante na tuluy-tuloy at matiyak nating malaki ang mare-remit natin sa ating national treasury dahil maraming buhay ang nababago ng mga programa at proyekto ng pamahalaan. Sa bawat kontribusyon natin, may imprastrukturang maipapatayo, pasyenteng mapapagaling at mga pamilyang makakakain araw-araw,” Secretary Lopez said.
Topping the list of agencies under the DOTr with record-high contribution to the national government, and belonging to the billionaire’s club, is the Manila International Airport Authority (MIAA) with P7.59 billion, followed by the Philippine Ports Authority (PPA) with P5.33 billion, and the Civil Aviation Authority of the Philippines (CAAP) with P1.2 billion.
MIAA General Manager Eric Jose Ines said the Authority’s dividend remittance reflects its continuing commitment to fiscal responsibility and effective public governance, even as it strengthens its role as the country’s airport regulator.
“The dividend remittance reflects MIAA’s commitment to prudent financial stewardship and good governance. As we continue to strengthen our regulatory and oversight functions, we remain dedicated to supporting the government’s development priorities while ensuring that every peso entrusted to MIAA delivers greater value for the Filipino people,” GM Ines said.
Meantime, PPA General Manager Jay Santiago said the ports authority’s largest dividend remittance was mainly due to its sustained revenue growth from its operations.
“PPA is well-positioned to fund ongoing and upcoming port infrastructure projects aimed at enhancing trade facilitation, improving logistics efficiency, and supporting tourism growth. This is a reflection of our commitment to modernizing our ports, strategic reforms, and the collective effort of PPA employees and stakeholders,” GM Santiago said.
CAAP for its part said its contribution reflects the authority’s unwavering commitment to delivering quality public service.
“We recognize that every peso contributed to the national treasury helps fund programs that directly benefit the Filipino people. At the same time, we remain focused on investing in aviation modernization and enhancing the country’s connectivity to support economic growth and national development,” CAAP Director General Retired Lt. Gen. Raul Del Rosario said.
Other agencies such as Clark International Airport Corporation (CIAC) remitted to the government coffers P585.71 million, Cebu Ports Authority (CPA) with P452.42 million and Mactan-Cebu International Airport Authority (MCIAA) with P129.96 million.
Under Republic Act No. 7656 or the Dividends Law, GOCCs are mandated to remit at least 50% of their annual net income to the national government.
