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The Poro Point Management Corporation signed a memorandum of understanding with United Arab Emirates-based KJ Group FZC LLC to explore investments in air and sea port operations and the commercial development at Poro Point Freeport Zone
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PPMC said the proposed initiatives could expand the freeport zone’s role in international trade, investment and commercial activity in Northern Luzon
The Poro Point Management Corporation (PPMC) signed a memorandum of understanding with United Arab Emirates-based KJ Group FZC LLC to explore investments in airport and seaport operations and commercial development at the Poro Point Freeport Zone in San Fernando City in the northern province of La Union.
The agreement, signed on October 21, 2026, formalizes the parties’ interest in pursuing potential business opportunities within the freeport zone, PPMC said.
KJ Group has expressed interest in the operation, management and development of the San Fernando Airport and San Fernando International Seaport within the former American military base.
The company is also exploring the establishment of a commercial development project within the freeport.
The proposed initiatives could help expand the zone’s capacity to attract investments, facilitate trade and support commercial growth in Northern Luzon.
PPMC said the partnership reflects its commitment to attracting strategic investors, strengthening international business ties and positioning the freeport zone as a competitive investment destination in the region.
READ: Chevron, Petron, Shell extend lease at Poro Point in La Union
PPMC is a government-owned and controlled corporation and the implementing arm of the Bases Conversion and Development Authority, responsible for developing and managing the 236.5-hectare Poro Point Freeport Zone.
KJ Group FZC LLC is a UAE-registered free-zone company based in Ajman, operating in areas including business consulting and general commercial services.
