Pasay City - The Manila International Airport Authority (MIAA) has remitted P7.59 billion in dividends to the National Treasury, the highest dividend remittance among all attached agencies and government-owned and controlled corporations (GOCCs) under the Department of Transportation (DOTr).
MIAA's dividend remittance accounted for nearly half of the P15.29 billion collectively remitted by the DOTr and its attached agencies and GOCCs, underscoring the Authority's significant contribution to the National Government's fiscal resources.
Among the DOTr family of agencies and GOCCs, MIAA's P7.59-billion remittance was followed by the Philippine Ports Authority (PPA) with P5.33 billion, the Civil Aviation Authority of the Philippines (CAAP) with P1.20 billion. the Clark International Airport Corporation (CIAC) with P585.71 million, the Cebu Port Authority (CPA) with P452.42 million, and the Mactan- Cebu International Airport Authority (MCIAA) with P129.96 million.
The record-high dividend remittances of government-owned and controlled corporations totaling P147.15 billion, were recognized during the 2026 GOCC Day where President Ferdinand R. Marcos Jr. emphasized the vital role of GOCCs in supporting national development through sound governance, operational efficiency, innovation, and responsible financial management.
Department of Transportation Secretary Giovanni Z. Lopez likewise underscored the importance of dividend remittances in strengthening the government's fiscal position and sustaining priority development programs.
MIAA General Manager Eric Jose C. Ines said the Authority's dividend remittance reflects its commitment to prudent fiscal management and the effective discharge of its regulatory responsibilities under the NAIA Public-Private Partnership (PPP) framework.
“This dividend remittance demonstrates MIAA's unwavering commitment to responsible fiscal stewardship and good governance. As the country's airport regulator under the NAIA Public Private Partnership framework, we remain focused on strengthening regulatory oversight while ensuring that the Authority continues to deliver substantial value to the National Government and, ultimately, to the Filipino people," Ines said.
Since the implementation of the NAIA Public-Private Partnership, MIAA has continued to perform its mandate as the government's airport regulator, exercising oversight over airport operations while maintaining sound financial management and fulfilling its statutory obligations, including the remittance of dividends to the National Government.
Under Republic Act No. 7656, otherwise known as the Dividends Law, government-owned and controlled corporations are generally required to remit at least fifty percent (50%) of their annual net earnings as dividends to the National Government.
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