The Philippine fishing industry was experiencing an annual production growth rate of 5.5% on the national level prior to the creation of PFDA. This accomplishment , however, spawned marketing problems due to inadequate fish marketing infrastructure, poor fish handling practices, chaotic system of distribution, and limited post-harvest processing technology. Immense losses from spoilage, fish quality deterioration, slow rate of fish dispatch, and price instabiltiy had been the results of these problems. Thus Presidential Decree 977, creating the Philippine Fish Marketing Authority (PFMA), was promulgated on August 11, 1976 to address and provide solutions to the fishing industry's post-harvest problems.

In the need to pursue the national economic development with renewed dedication and greater determination, Executive Order No. 772 was issued on February 8, 1982 to amend P.D. 977. By virtue of this E.O., the PFMA was renamed as Philippine Fisheries Development Authority (PFDA) with expanded functions and powers and revised constitution of the Board of Directors.

Vision

By 2020 PFDA should have achieved effective and sustainable post-harvest facilities and infrastructure, contributing to enhanced competitiveness in the fisheries sector.

Mission

We, in the Philippine Fisheries Development Authority, shall strive to:

• Establish, operate and maintain strategic and globally competitive fishery pos-harvest infrastructures and facilities, as well as provide market information and related services.
  
  
• Conduct our operations prudently, providing viability and financial growth to assure continuous improvement of port facitlites and delivery of service.
  
  
• Satisfy our stakeholders' business needs with timely and quality service.
  
  
• Work as a team with skill and dedication, in an environment that ensures growth opportunities.

Mandate

A government owned and controlled corporation attached to the Department of Agriculture, created to promote the development of the fishing industry through the provision of post-harvest infrastructure facilities and essential services that improve efficiency in the handling and distribution of fish and fishery products and enhance their quality.

Corporate Objectives

The Philippine Fisheries Development Authority endeavors to achieve these objectives:

• Promote the development of the fisheries industry and improve efficiency in the handling and distribution of fish and fishery/aquatic products through the establishment and operation of fish ports, fish markets, and other post-harvest facilities; and.
  
  
• Provide essential fisheries-related post-harvest services that would improve the quality of fish products that could compete in the global market.

Performance Pledge

We, the officers and staff of the Philippine Fisheries Development Authority, commit to:

• Provide you prompt and efficient service from Mondays to Fridays starting at 8:00 a.m. to 5:00 p.m. at our Central Office and 24 hours a day, 7 days a week at our Regional Offices.
  
  
• Field in qualified and authorized personnel to attend to your requests even during lunch and snack time.
  
  
• Deal with your complaints, comments and suggestions expeditiously and make available corresponding remedies if necessary.
  
  
• Abide by the rules, regulations and service standards, with proper explanations for any delinquency in frontline services.