The Subic Bay Metropolitan Authority
(SBMA) has enhanced this premier Freeport’s capacity and operational efficiency
to keep up with the growing demand for multi-modal logistics in the Asian
region.
This was the statement made by SBMA
Senior Deputy Administrator (SDA) for Port Operations Ronnie Yambao during the
Super Terminal Expo 2024 held at the Hong Kong AsiaWorld-Expo on November 5,
2024.
The three-day expo is Asia’s pioneering design,
construction and operations event that showcases the next wave of innovation in
passenger and cargo terminal, while bringing together experts and decision-makers
to shape next-gen airports.
The Super Terminal Expo's opening
ceremony was graced by Michael Wong Wai-lun, acting Financial Secretary of the
Government of the HK Special Administrative Region, Vivian Cheung, CEO of the
HK Airport Authority, and other government officials and influential members
from industry associations.
During a panel discussion, Yambao emphasized three
important pillars in enhancing Subic Bay Freeport’s capacity and operational
efficiency: first is automation, with systems in place to make cargo movement
seamless and transactions much faster and more efficient; second is investment
in infrastructure like port rehabilitation, the Vessel Traffic Management
System or VTMS, and the acquisition of equipment; and third is by expanding the
SBMA’s network thru trade missions and creating partnerships with different
ports to increase trade and commerce.
He added that the automations installed in the SBMA are
the Automated System for Customs Data (ASYCUDA), Electronic Transit Admission
Permit System (ETAPS), and Automated Export Documentation System (AEDS), which
are pursuant to President Marcos Jr’s thrust on the ease of doing business thru
automation.
“Subic Bay Freeport is the only Freeport in the
Philippines that has a complete logistics infrastructure in one location, that
is managed by the SBMA. It has an airport, and a seaport with a modern
container terminal, and piers that can accommodate different types of cargo, to
be connected to the Luzon Economic Corridor by a railway in the near future,”
he further said.
It is accessible by land, sea, air, and in the near
future, by railway. It has an airport and a seaport with modern facilities and
a container terminal with a capacity of 600,000 TEUs that can be expanded to
handle one million TEUs.
The freeport also boasts of four industrial parks with 15
piers that can accommodate commercial vessels and cruise ships. There are 1,900
companies operating in the Freeport with a total of USD12-billion worth of
investments.
“Locators in this Freeport enjoy fiscal incentives
under the CREATE Law and all the ancillary services are available to complete
the logistics ecosystem in this premier port. Lastly, the SBMA offers
competitive rates in port services, in fact, we are 20 percent cheaper compared
to Port of Manila,” he said.
Qualified export enterprises shall be
entitled to four to seven years Income Tax Holiday (ITH) to be followed by 10
years five percent Special Corporate Income Tax (SCIT) or Enhanced Deductions.
Subic Bay is also a tourist and cruise ship
destination. Currently, the SBMA is developing a facility to be used as a
home port for cruise ships. A home port is a port where a cruise ship will take
on or change over the majority of its passengers, while taking on stocks, fuel
and supplies.
Team Philippines joined key global
leaders in airports, aviation and logistics industries for the Super Terminal
Expo 2024 where over 800 international and local aviation professionals were in
attendance.
The SBMA is part of Team Philippines led
by Department of Transportation Undersecretary for Airports and Aviation
Roberto C.O. Lim. Yambao was part of the delegation along with Subic-Clark
Alliance for Development (SCAD) Executive Director Amee Fabros, and Clark
International Airport Corporation (CIAC) Chief Business Development Officer
Melissa Feliciano. (MPD-SBMA)