The Philippine International Trading Corporation is proud to announce that 2017 marks 44 years of business for the sole state trading enterprise.
PITC was set up primarily with a view to trade with Socialist and Other Centrally Planned Economy Countries (SOCPEC) through Presidential Decree 252. In 1977, PITC’s mandate was expended via Presidential Decree 1071 to be the prime mover in the expansion of the Philippine trade worldwide. Since then, the Corporation has played a key role in the development of the Philippine economy.
During the anniversary celebration at the Philippine International Convention Center, PITC signed a memorandum of agreement with the Department of National Defense for the procurement of the government defense equipment and supply requirements for the modernization of the Armed Forces of the Philippines. PITC, together with the Department of Information and Communications Technology, presented to the public the signed memorandum of agreement between the two agencies for the procurement of the P2.385 billion worth of regional wi-fi infrastructure network that will provide free internet access in public places nationwide.
PITC has stood the test of time and will continue to be dependable and stable for our partners and friends for many years to come.