State-run Philippine Ports Authority on Friday announced a 30-day reprieve in the payment of rental and concession fees amid the enhanced community quarantine.
The memorandum circular, which was signed on Thursday, is in accordance with the Bayanihan We Heal as One Act encouraging private and government entities to give respite to people as the country continues to reel from the effects of the coronavirus 2019 pandemic (COVID-19).
The directive specifically states that all qualified PPA lessees and port operators are granted the payment extension without incurring interests, penalties and other charges.
PPA general manager Jay Daniel Santiago said the grace period should start from the last due date of the rent or concession fee payment falling within the ECQ period.
“This initiative is also part of the ‘Bayanihan sa Pantalan’ as it aims to give the port users and other stakeholders the much-needed relief while the country continues with its struggle from the clutches of COVID-19,” Santiago said.