- Category: About Pra
The PRA shall provide for a coordinated, economical and efficient reclamation of lands and the administration and operation of lands belonging to, managed and/or operated by the Government with the object of maximizing their utilization and hastening their development consistent with the public interest. It shall operate responsibly with due regard to the protection and safety of the environment and all interests of its stakeholders including its employees, suppliers, contractors, customers, business partners and other stakeholders. It shall be socially responsible in all its undertakings and shall abide by ethical policies mandated under existing laws.
- Category: About Pra
The Governance Commission for GOCCs (GCG), under the Office of the President, was created through Republic Act No. 10149. Its aim is to act as the central advisory, monitoring, and oversight body with authority to formulate, implement and coordinate policies. The following data are in compliance to Section 43 of the GCG Memorandum Circular No. 2012-07 or the Code of Corporate Governance for GOCCs.
c. Government Corporate Information Sheet (GCIS)
43.2 Board and Officers:
b. Compensation package
d. Attendance record of Directors and their committee meetings
43.3 Financial and Operational Matters:
2016Date received from COA: June 23, 2017
2017 Date received from COA: July 02, 2018
2018 Date received from COA: June 27, 2019
2019 Date received from COA: August 28, 2020
c. CY 2020 (Unaudited)
First Quarter (January - March 2020)
Second Quarter (April - June 2020)
Third Quarter (July - September 2020)
Fourth Quarter (October - December 2020)
d. Current Corporate Operating Budget (COB)
e. Local and foreign borrowings (n/a)
f. Government subsidies and net lending (n/a)
g. All borrowings guaranteed by the Government (n/a)
i.Performance Evaluation System (PES)
PES FORM #1 - uploaded June 9, 2016
PES FORM #2- uploaded June 9, 2016
PES FORM #3 (1st Quarter)- uploaded May 30, 2016
PES FORM #3 (2nd Quarter) - uploaded July 28, 2016
PES FORM #3 (3rd Quarter)- uploaded February 1, 2017
PES FORM #3 (4th Quarter)- uploaded June 20, 2017
43.4 On Governance Matters:
a. Charter Statement/Mission-Vision Statements:
VISION - In 2040, the Filipino people shall benefit from well-planned and environmentally resilient reclaimed lands and efficiently developed and managed public estates.
MISSION - We are the lead government instrumentality mandated to regulate reclamation, create environmentally sustainable reclaimed land, promote coastal resilience, and develop government properties to advance the country's development goals.
Professionalism and Team Work
Respect for the environment
Responsive to society’s needs
b. Performance Scorecards and Strategy Map
f. Balanced Scorecard
43.5 Such other information or report that the GCG may require
- Category: About Pra
PEA TOLLWAY CORPORATION (PEATC)
THE PEA Tollway Corporation is a wholly owned subsidiary of the Philippine Reclamation Authority. SInce 1998, it operates the then 7-kilometer Manila-Cavite Toll Expressway until today that it has extended to a 14-kilometer toll road along the coast of Manila Bay that is now known as CAVITEX.
The CAVITEX utilizes the country's first prepaid card toll-payment scheme or e-Tap card and recently pioneering the first Radio Frequency Identification (RFID) technology in the country. RFID is a paper-thin battery-less sticker that can save more travel time for motorists by having only to slow down, not make a full stop, to pay their tolls.
Aside from toll collection, PEATC also implements programs on traffic control and emergency operations including assistance to disabled vehicles. To maximize the provision of services to the public, it also provided other support mechanisms such as the establishment of information services and administration of ancillary facilities.
BAY DREDGING INC.
Bay Dredging Inc. (BDI) is a joint venture between the R-1 Consortium and the Philippine Reclamation Authority (PRA), with PRA owning 40% and R-1 Consortium owning 60% thereof. Its primary purpose is to enter into contracts to reclaim, to participate in dredging contracts in the Philippines and to supply dredgefill materials to all reclamation projects. On January 28, 1998, BDI was incorporated and registered with the Securities and Exchange Commission.
In 2008, BDI supplied sand for the reclamation component of the Cavite Expressway.