SBMA head vows to promote Central Luzon growth corridor

SBMA head vows to promote Central Luzon growth corridor

 

CLARK FREEPORT – Subic Bay Metropolitan Authority (SBMA) Administrator Wilma Eisma has vowed to promote the entire Central Luzon Region in terms of investments and tourism. During a meeting with officers and members of the Capampangan In Media Incorporated here on Friday, Eisma said that she was also tasked by the Board of Investment to promote the region’s growth corridor. “I am honored and humbled that recently I have been chosen by the Board of Investment to help sell the Central Luzon Growth Corridor.

So I joined the investment mission in Taiwan and then in two weeks I will also join another mission in Korea. I’m selling not just Subic, I’m actually selling Clark,” she said. Subic seaport and Clark airport should complement each other for the development of the region, Eisma said. Citing Clark airport and Subic seaport, she said “I would like to think that we are not in competition with Clark because we have our own strengths.

Eisma also informed the Cami members that the SBMA has generated a revenue amounting to P614 million from port operations during the first half of 2017. “Very recently we announced that we are up P614 million from our last in terms of kita (income),” she said, adding that SBMA is not receiving government subsidy like Internal Revenue Allotment (IRA). “Kaso kailangan po naming kumayod at natutuwa po ako na nangyayari po ito sa amin ngayon. Largely, our biggest source income is really the port operations. Napakadami na pong barkong dumadaong sa amin sa Subic,” Eisma said.

She cited the congestion in Metro Manila as contributory factor in the increasing revenue of Subic. “I’m sure that we are being helped immensely by the traffic in [Metro] Manila because of businessmen are actually losing money with that traffic. If they actually bring their goods in Subic, not only we are cheaper in terms of operation but the ease of doing business,” Eisma said.