Monday,
February 05, 2018
ABOITIZPOWER
subsidiary Therma South Inc. (TSI) was recently recognized by the Bureau of
Customs (BOC) - Collection District 12 as the 8th Top Importer in the Port of
Davao for 2017. During the awarding ceremony last January 22, 2018, BOC
District XII Collector Atty. Erastus Austria lauded TSI as well as 19 other
importers and exporters for their contribution to the agency's P2.8-billion
collection surplus last year. "2017 is the 90th year of the Port of Davao.
This very important milestone has been made extra special because of your
contribution to our performance. In 2017, we collected a total of P16.4 billion
versus the P13.6 billion target for the year. This resulted to a P2.8-billion
surplus in our collection target," Austria told the awardees. For Austria,
these companies made history as they helped propel the Port of Davao to become
the country's top district in terms of collection surplus. The last time the
district had breached the billion-peso surplus mark was in 2014 with P1.4
billion. "Thank you to all our stakeholders. Collection District XII
stands on top of all the other 17 collection districts in terms of total
collection surplus in the previous year. Thank you to all of you, this would
not have been possible without your contribution and this is a sign of a
healthy local economy and growing business climate," said Austria. TSI has
been regularly importing coal from Indonesia in the operation of the
300-megawatt Davao Baseload Power Plant in Toril, Davao City. The power plant
is the first in Mindanao to utilize the Circulating Fluidized Bed (CFB)
technology and is the first in the Philippines to be built with a coal dome.
These features help ensure that the plant's operations have the least possible adverse
effects to the community and the environment. (PR) Tags: importer AboitizPower
Therma South Inc. Published in the SunStar Davao newspaper on February 06,
2018. Latest issues of SunStar Davao also available on your mobile phones,
laptops, and tablets. Subscribe to our digital editions at
epaper.sunstar.com.ph and get a free seven-day trial.
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