The Subic Bay Metropolitan Authority (SBMA) has strengthened the Subic Bay Freeport’s infrastructure and operational capacity to address the rising demand for multi-modal logistics in Asia, according to SBMA Senior Deputy Administrator for Port Operations, Ronnie Yambao, at the Super Terminal Expo 2024 in Hong Kong on November 5.
During the three-day expo, Yambao highlighted SBMA’s efforts in automation, infrastructure investment, and expanding partnerships with regional ports to increase trade flow. These improvements include advanced systems for customs and logistics, such as the Automated System for Customs Data (ASYCUDA), Electronic Transit Admission Permit System (ETAPS), and Automated Export Documentation System (AEDS), aligning with President Marcos Jr.’s initiative to streamline business processes through automation.
Subic Bay Freeport remains unique in the Philippines as the only Freeport with fully integrated logistics infrastructure, encompassing an airport, a modern seaport with a container terminal, and industrial parks—all managed by SBMA. Currently, the port handles 600,000 TEUs, with plans to increase capacity to one million TEUs, supported by future rail connectivity to the Luzon Economic Corridor.
SBMA’s competitive rates, approximately 20 percent lower than those at the Port of Manila, add to its appeal. Yambao emphasized, “Locators here benefit from fiscal incentives under the CREATE Law, including Income Tax Holidays and Special Corporate Income Tax or Enhanced Deductions.”
The Freeport supports 1,900 companies with over USD 12 billion in investments and is a growing cruise ship destination. SBMA is currently developing a home port facility for cruise ships, expected to boost tourism by providing a base for ships to resupply and embark passengers.
The SBMA delegation at the expo joined global leaders, with representatives from the Department of Transportation, Subic-Clark Alliance for Development, and Clark International Airport Corporation. The expo attracted more than 800 professionals in airports, aviation, and logistics sectors.
