A ₱4.135-billion multi-modal logistics and transport hub will soon be developed in this Freeport following A ₱4.135-billion multi-modal logistics and transport hub is set to rise in Subic Freeport following the signing of lease contracts and amendments between the Subic Bay Metropolitan Authority (SBMA) and Subic Bay Freeport Grain Terminal Services, Inc. (SBFGTSI) on May 28, 2025.
SBMA Senior Deputy Administrator for Business and Investment Renato Lee III and SBFGTSI Executive Vice President Lester C. Valdes formalized the partnership during a ceremony at the SBMA Corporate Boardroom.
The development will cover sections of San Bernardino Road within the Subic Port District and portions of the Subic Bay International Airport. It includes investments of ₱660 million for Lot 4, ₱1.8 billion for Lot 5, ₱801 million for Lot 6, ₱20 million for Lot 7, and ₱854 million for Lot 8.
The proposed hub will feature a petroleum tank farm, grain storage, an airport logistics facility, dry and cold storage warehouses, a hospitality complex for cruise passengers, and a new wharf for ultra-large cruise ships. It is projected to create 798 jobs.
“This marks a significant milestone as Subic Bay Freeport aims to modernize its air and seaport facilities, enhance competitiveness, and boost revenue generation,” Lee said.
SBMA Chairman and Administrator Eduardo Jose Aliño noted that the project supports President Ferdinand Marcos Jr.’s Luzon Economic Corridor initiative and falls under the administration’s “Build Better More” infrastructure program, with completion targeted before 2028.
