Clark International Airport Corp. remitted P130.5 million worth of dividends to the Bureau of Treasury on April 2, a top official said Friday.
“This is CIAC’s response to the call of Transportation Secretary Arthur Tugade who directed DOTr-attached agencies to advance dividends to the Department of Finance to support government’s spending measures to contain the COVID-19 pandemic as part of the implementation of RA 11469, or the Bayanihan to Heal as One Act,” said CIAC officer-in-charge Joshua Bingcang.
Early last week, three other agencies attached to the DOTr remitted over P10 billion in dividends to the National Treasury.
The Philippine Ports Authority remitted over P4 billion while the Civil Aviation Authority of the Philippines and the Manila International Airport Authority paid P3 billion each.
Citing an “invisible but very dangerous enemy,” Tugade said DOTr was “throwing its support to this effort and to make sure that we, as a country, (will) survive to see victory in this war.”