International Container Terminal Services, Inc. (ICTSI) continues to make a strong case for the Subic Bay Freeport as a key international trading gateway of the Philippines after achieving productivity levels at par with that of the Manila International Container Terminal (MICT).

Two Panamax quay cranes at the New Container Terminal (NCT) 1 recently handled close to 400 twenty foot equivalent units (TEU) with each crane averaging 40 and 33 moves per hour, respectively. The productivity levels were achieved during the inaugural call of Evergreen Marine Corp.’s 1,440-TEU boxship Cape Fulmar.

Cape Fulmar berthed at the New Container Terminal 1 in Subic Bay Freeport Zone

The call signaled the start of Evergreen’s South Korea-Taiwan-Philippines (KTP) service, a new route to facilitate improving regional trade between the three economies. The service plies the ports of Incheon and Kwang Yang, South Korea; Kaohsiung, Taiwan; and Batangas, Manila and Subic Bay, Philippines. Aside from Cape Fulmar, 1,440-TEU boxship Cape Faro is also chartered to the weekly service.

“It was a great effort and a big win for ICTSI’s Subic operations. This goes to show that Subic is at par with the productivity levels in MICT. We are continuously working on improving our services to attract more shipping lines, and for northern and central Luzon businesses to use the container terminals in Subic,” says Roberto Locsin, Subic Bay International Terminal Corp. (SBITC) President.

He adds: “As a national port operator, ICTSI ensures that each Philippine marine terminal under its helm remains competitive. Subic, in particular, was developed not only for the industrial locators of the Freeport but for the local markets in Luzon north of Metro Manila.”

MICT, ICTSI’s flagship terminal, primarily serves the Metro Manila market and its adjacent markets, where most of the economic activities of the country happen being the country’s capital. “Metro Manila as a market will continue to grow,” says Locsin.

“But, as the northern and central Luzon countryside develops driven by industrial centers like Subic, Clark, Bataan and Tarlac also continuing to grow, the Subic Bay Freeport is that gateway ready to link its products to global markets. We have the equipment and facilities. We carry ICTSI’s brand of service and efficiency,” he adds.

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One of the biggest and most exciting beach events this time of the year is coming over to the Subic Bay Freeport on May 12 to 14.

The Summer Siren Festival, touted by organizers as one of the country’s most exciting destination festivals, will be held for the first time at Subic’s waterfront area and is expected to provide a whole new summer experience to visitors in this premier tourist mecca.

SBMA Administrator and CEO Wilma T. Eisma (right) signs a memorandum of agreement with Cedric James Valera, managing partner of TF Adventure Travel Inc., for the holding of the Summer Siren 2017 in the Subic Bay Freeport. The three-day beach festival will be held along Subic’s Waterfront Road entertainment strip.

“This brings the Subic summer experience to a whole new level,” Subic Bay Metropolitan Authority (SBMA) Administrator Wilma Eisma said as she announced the three-day event on Tuesday.

“Subic’s popular waterfront area will be transformed into a giant entertainment park with beach-music and arts theme, and we’re very much excited because this has been one of the entertainment concepts for Subic that we really like to push,” she added.

The festival was previously staged at beach venues in Zambales, but the SBMA and festival organizer Travel Factor signed a memorandum of agreement last week to bring it to the Freeport.

Eisma said the SBMA, along with the Subic Bay Freeport Chamber of Commerce (SBFCC) and the Subic Bay Hotels, Attractions and Tourism Stakeholders Visitors Board (SBHATSVB), will sponsor the event.

Meanwhile, festival organizers have agreed with partner resorts in the area to put up a series of various themed pool parties, three days of art workshops and fitness activities by the shore, and two evening concerts featuring some of the country’s biggest rock, alternative and pop acts.

The featured artists will include Ron Poe, Quest, Ronthug, Ace Ramos, Borhuh, David Ardiente, DJ Highrise, Up Dharma Down, and Gab and John of Urbandub.

Eisma said the event will certainly push the already high number of visitors in the Subic Bay Freeport to record-breaking figures since the summer season is not over yet.

She also stressed that the SBMA will be implementing strict security measures to keep Summer Siren drug-free and safe for everybody.

“We don’t want drugs to proliferate in the event, just like what happened in another concert someplace,” Eisma added. She said that she has urged the organizers to cooperate and for the SBMA Law Enforcement Department to be vigilant.
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“Subic has previously been named by the Department of Tourism as the number one tourist destination in Central Luzon and we’re pushing for the Subic Freeport to retain this title. Summer Siren is really one ideal event that would push Subic’s tourism ranking even a notch higher,” Eisma added.

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More than 3,000 jobs were offered to jobseekers here on Monday during a jobs fair organized by locator-companies and the Subic Bay Metropolitan Authority (SBMA) Labor Department in line with the celebration of Labor Day.

SBMA Administrator Wilma Eisma said the huge volume of jobs being opened to workers could be attributed to the growing number of investments in the Freeport, and the participation of businessmen from the nearby city of Olongapo.

Eisma said more than 100 business locators participated in the job fair and offered jobs ranging from housekeeping, various skilled positions for electricians, plumbers and welders, and engineers.

Thousands of applicants from Olongapo and the nearby provinces of Zambales and Bataan filled the jobs fair venue at the Ayala Harbor Point mall to full capacity, she said.

The SBMA official added that the increasing number of job openings in the Freeport indicates the growing success of the SBMA in attracting more investors to Subic.

“As of late, Evergreen Shipping Company made its maiden voyage at the port of Subic. The SBMA also negotiated for the establishment of an industrial city at the Redondo Peninsula, and last week the country’s first ship-to-ship transfer operation of liquefied natural gas commenced here. All these signal more jobs and more opportunities for local workers,” Eisma said.

She also noted that while SBMA is doing its best to attract new investors, it also promotes harmonious working relationships between workers and management, and initiates projects for workers’ welfare.

“We believe that quality performance by employees is not only the end result of getting good salary or working in a big company. Quality performance also comes about if workers feel good about their employers, and if investors feel good about their employees and the SBMA,” she explained.

Meanwhile, SBMA labor manager Severo Pastor Jr. said the job fair was just one of the activities they organized for the Labor Day celebration here.

“We had a fun run, and as early as 5:30 in the morning, we already had 750 worker-runners doing the 3-kilometer fun run around the Freeport’s Central Business District. Then we also had a company float parade, singing contest, and muse and dance competitions,” Pastor said.

The contestants in the various competitions were all workers from Subic-based companies, he added.

Pastor also said that during the May 1 event, Freeport workers choose to relax alongside colleagues from other companies, as well as SBMA employees.

“We make a big difference here in Subic because while many of our labor organizations are joining street protests and rallies to celebrate Labor Day, workers in Subic Freeport run for fun and good health. This is a day for camaraderie and to thank every member of the labor sector for a job well done,” he added.

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More manufacturing companies and light to heavy industries are expected to locate in this premier Freeport, as the Subic Bay Metropolitan Authority (SBMA) approved the development of a 982-hectare industrial estate at Subic’s Redondo Peninsula.

SBMA Chairman Martin B. Diño and SBMA Administrator Wilma T. Eisma announced the approval of the US$798-milion project proposed by Dynamic Konstruct International ECO Builders Corp. (DKIEBC), a duly-registered enterprise inside the Subic Bay Freeport Zone.

“This project is our answer to the inquiry of investors looking for thousands of hectares of flat land for manufacturing and light to heavy industries inside the Subic Bay Freeport Zone,” Chairman Diño said during the State of the Freeport Address (SOFA) hosted by the Subic Bay Freeport Chamber of Commerce (SBFCC) last Monday.

He added that the SBMA has been conferring with nearby local government units to identify more areas suitable for the development of industrial estates that will be under the Subic Bay Freeport’s tax- and duty-free regime.

Administrator Eisma meanwhile pointed out that the proposed solar farm and industrial city, when fully realized, will generate about 50,000 new jobs.

“When the Subic Naval Base closed down in 1992, we were all so depressed to be losing the 35,000 jobs generated by the US Navy. But under the SBMA we have long surpassed those numbers— as of February 2017 our active workforce within the Freeport is 115,272—and we keep on working to bring about more employment,” she added.

The SBMA officials also clarified that out of the $798-million investment commitment, the DKIEBC will spend about $300 million for the proposed 402-hectare solar farm, which is designed to produce 200 megawatts of green energy to primarily supply the proposed 580-hectare industrial city.

The industrial city project will include commercial buildings, factories, warehouses, utilities for water and electricity, fire and law enforcement facilities, and sanitation and landfill facilities.

According to DKIEBC, the solar farm shall primarily benefit the investors and locators of the industrial city with green and low-cost energy supply and reduce the risk of exposure from the spot market.

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The Subic Bay Metropolitan Authority (SBMA) foresees better days ahead for this premier Philippine free port, as the new administration seeks to build on past accomplishments to bring the Subic Bay Freeport to greater heights.

Expressing optimism for better performance by the Subic agency in terms of revenue, job generation and contribution to the economy this year, SBMA Administrator Wilma Eisma outlined measures to improve and expand Subic operations and urged both locator-businesses and workers here to do better.

“We must look back into the past, so we could build a brighter future,” Eisma said during her State of the Freeport Address (SOFA) at the Subic Bay Exhibition and Convention Center (SBECC) on Monday.

“Taking into account our performance last year, what we have accomplished can certainly be improved upon,” she added.

According to the Subic official, the Subic agency earned a total of P727.6 million in the first quarter of this year, compared to P676.3 million in the first quarter last year.

Similarly, she pointed out that the SBMA posted a net income of P46.7 million in the first quarter of 2017, which represented a 148 percent increase over last year’s P18.8 million net income.

Eisma also announced that the total cash and investments made by the Subic agency in the first three months of 2017 amounted to P4.57 billion, or a 24.84 percent increase over last year’s P3.6 billion record.

On the other hand, the agency’s total debt decreased by 8.79 percent in the first quarter, with a total of P6,644,026,284.10 for this year compared to P7,284,520,865.20 last year.

The administrator also pointed out that the agency’s key performance indicators such as the number of investments, new locators, import value and export value all rose significantly for the Subic Bay Freeport in the same period.

“The number of total new investments here have slightly increased by one percent, from last year’s P1,406,476,765 to P1,420,747,404 this year,” Eisma announced during the SOFA, adding that the agency registered 47 new business locators in the first quarter.

Eisma also noted a similar increase in import value, from US$653.8 million last year to US$2.75 billion— or a 321 percent increase, and a 10 percent increase in export value, which rose from U$406 million last year to US$536.3 million this year.

Eisma added that companies such as Datian Subic Corp. and Toyota Subic, which located in the Subic Freeport this first quarter, have improved Subic’s business outlook, along with the approval of Dynamic Konstruct Corp.’s P42-billion investment for industrial park development and renewable energy project.

She also said that the SBMA sees more revenue outflow from the ship-to-ship transfer operations of liquefied natural gas by Jovo, the largest clean energy provider in China which is expected to contribute an annual port revenue of P200 million, as well as that of Teekay Swan, a joint venture that controls the world’s most expensive fleet of gas carriers.

Another billion-peso investment that the SBMA recently approved is the DM Leisure Corp.’s P4.6-billion golf course and leisure complex project. Eisma said that this will not only increase investments in the Freeport, but also boost the number of workers employed and the number of tourists visiting Subic.

Administrator Eisma made the State of the Freeport Address along with SBMA Chairman Martin Diño, who enumerated several development projects planned for implementation by the Subic agency. The SOFA is an annual event presented and organized by the Subic Bay Freeport Chamber of Commerce.

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