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28 August 2016

Bataan town gearing up for Subic investments expansion

Hermosa, Bataan – To accommodate the growing needs of investors at the Subic Bay Freeport, local officials led by Mayor Jopet Inton are planning to develop industrial zones in parts of the fast growing municipality.

“We need conversion immediately so we can accommodate the growing number of investors including those who are coming in,” Inton told the members of the municipal council during a recent session.

The municipal hall of Hermosa, Bataan

The council, headed by Vice Mayor Chris Vitug and opposition councilor Danilo Blade vowed to support the mayor’s economic program.

According to Inton, a major investor is now working on its Philippine Economic Zone Authority accreditation before setting up shop in Hermosa.

Inton said that a possible site for the industrial zone is a 200-hectare tract of land in Sitio Mabiga in Barangay Tipo in the western part of town.

The area is just a 10-minute drive away from Subic Freeport and 25 minutes away from Clark Freeport.

Subic Bay Metropolitan Authority (SBMA) officials earlier said they are planning to expand the Freeport’s industrial area to Hermosa.

A large part of Subic Freeport is actually under the political jurisdiction of Hermosa, which has been receiving a part of the SBMA’s annual income. (Mar T. Supnad, Manila Bulletin)

http://www.mb.com.ph/bataan-town-gearing-up-for-subic-investments-expansion/

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