DAVAO CITY – The Bureau of Customs (BOC) - Port of Davao has exceeded its monthly revenue target by PHP2.8 billion from January to July this year.

Erastus Sandino Austria, BOC-Davao district collector, said the Port of Davao, including its sub-ports in Dadiangas, Parang, and Mati, managed to collect PHP25.7 billion, exceeding its cumulative target of PHP22.9 billion by PHP2.8 billion during the period.

“This is also higher by 0.11 percent compared to the 2021 revenue collection performance (same period) of PHP22.2 billion,” Austria said in a statement Friday.

He said the July 2022 revenue collection was also the highest with PHP4.5 billion or 35.5 percent higher than its assigned target of PHP3.3 billion, posting a surplus of PHP1.19 billion.

Austria commended the performance of Collection District 12 for their service.

He also acknowledged the port stakeholders for their trust and support for the programs and reforms initiated by BOC-Davao.

“The achievement is attributed to the improved valuation and assessment of the bureau, our digitalized and modernized systems, and the intensified collection efforts of the ports, which prevent revenue leakages and the collection of all lawful revenues,” Austria said. (PNA)