SBITC wel­comes more lo­gis­tic firms

Sun.Star Davao - - BILLBOARD -

SU­BIC Bay In­ter­na­tional Ter­mi­nal Corp. (SBITC) wel­comes the grow­ing in­flux of ship­ping com­pa­nies avail­ing of the waived ac­cred­i­ta­tion fee to open their busi­nesses in the Su­bic Bay Freeport Zone.

The re­cent waiver of the $200 ac­cred­i­ta­tion fee for the first new 80 busi­ness en­trants and the first 20 ac­cred­ited en­ti­ties is ex­pected to at­tract even more lo­gis­tics firms to con­sider the Su­bic Freeport Area as the best al­ter­na­tive to the al­ready con­gested ports in Manila.

Lawyer Wilma Eisma, chair­per­son of the Su­bic Bay Metropoli­tan Author­ity (SBMA), said the free ac­cred­i­ta­tion is aimed to in­crease aware­ness of the world-class fa­cil­i­ties avail­able in Su­bic Bay con­tainer ter­mi­nals. Eisma in­vited var­i­ous firms to ben­e­fit from the waived ac­cred­i­ta­tion fee and in­vest in the Su­bic Freeport as replacement so­lu­tion to the ports of Metro Manila.

“Clearly, at­tor­ney Eisma is on the right track in pro­mot­ing Su­bic Bay as the port that works for ev­ery­one. SBMA gives op­por­tu­nity for busi­ness ac­cess to lo­gis­tics all over the coun­try,” said Roberto R. Loc­sin, SBITC gen­eral man­ager.

With this new de­vel­op­ment, SBITC ex­pressed its con­fi­dence that Su­bic will con­tinue to po­si­tion it­self as one of the most com­pet­i­tive lo­gis­tics cen­ters in South­east Asia. The waiver is part of the ten-point agenda of Eisma to in­no­vate Su­bic as a flour­ish­ing trad­ing hub in the re­gion by at­tract­ing new firms to in­vest in Su­bic pri­mar­ily due to lesser costs.

“This waiver is a hard to ignore op­por­tu­nity for the pri­vate sec­tor to in­vest in Su­bic port,” said Loc­sin.

Just re­cently, the Su­bic Bay Freeport Zone was rec­og­nized by the Lon­don-based In­ter­na­tional Fi­nance Man­age­ment as the “Fastest Grow­ing Free Trade Zone” in Asia. Said award rec­og­nizes Su­bic Bay as one of the most po­tent port and lo­gis­tics hub in Asia with the high­est stan­dard of ex­cel­lence and per­for­mance. PR

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