The Port Operations of the Subic Bay Metropolitan Authority (SBMA) under the leadership of SBMA Chairman and Administrator Eduardo Jose L. Aliño surpassed its year-on-year performance in terms of revenue generation, achieving ₱1.023 billion from January to July of 2025.
SBMA Senior Deputy Administrator (SDA) for Port Operations Ronnie R. Yambao stated that the amount also represents a 4.8 percent increase compared to the ₱976 million in revenue recorded during the same period in 2024.
Yambao added that this revenue milestone is attributed to the 18 percent increase in importation of containerized cargoes of assorted food products and agricultural products, as well as a 2.6 percent increase in exportation of containerized cargoes.
He also
noted the increase in cargo handling services due to the surge of
non-containerized cargo (dry bulk) such as rice, which is up by 437 percent,
and timber, which is up by 18 percent. This also includes payment of SBMA
shares from joint venture partners, cargo handling, and miscellaneous tariff
adjustments, as well as efficient management of port operations.
By the
end of the year, the agency is projecting ₱1.75 billion in revenue earnings, which is 2.77 percent higher than the ₱1.706 billion earned in 2024.
“This
will be realized by the policies approved by the SBMA Board of Directors,
increasing trade volume growth through aggressive global and domestic marketing
campaigns and creating alliances with local and international ports around the
world,” Yambao said.
The Port
Operations has committed to generating ₱3 billion in revenues by 2030, and ₱10
billion by 2050, taking advantage of the national government’s thrust to
bolster high-impact investments through the Luzon Economic Corridor (LEC) by
port expansion projects and other Green Initiatives.
“In fact,
the Government has already appropriated ₱100-million budget to procure Shore
Power Connection Facility in this premier port, coupled by the DOTR’s
aggressive support in the implementation of the Subic-Clark-Manila-Batangas
Railway Project with the assistance of the USAID and other financing
institutions,” he added.
The Port
Operations team under Ronnie Yambao, Senior Deputy Administrator for
Operations, is led by Atty. Martin Kristoffer Roman, Deputy Administrator for
Ports, with Engr. Zharrex Santos, General Manager of the Subic Bay
International Airport (SBIA), Jerome M. Martinez, General Manager of the
Seaport Department, and Joy Quito, Officer-in-Charge of the Trade Facilitation
and Compliance Department (TFCD). (MPD-SBMA)
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