As of December 2012, there are at least 102 manufacturing companies in the Subic Bay Freeport Zone (SBFZ) producing various products like electronic parts, sensors, hard disc drives, electronic spindles and accessories, semiconductors, wafers, and many more. These companies have invested Php28.7-billion and employed 15,669 skilled workers. With the significant investments and jobs generated, manufacturing is one of the major industries that SBMA is attracting. On the other hand, the BPO industry is also among the best contributors to the Philippine economy in terms of job generation in the past years. In the data of the National Statistics Office (NSO), employment generated by companies engaged in the BPO activities reached 212,990 in 2010. In the Philippine IT-BPO Road Map 2011-2016, annual revenues from this industry is expected to be more than double from $9-billlion in 2010 to $25-billion in 2016. Also, direct employment of the industry is also projected to increase up to 900,000 by 2016. With the potential of the BPO industry, it is also one of the main industries that SBMA is focusing.Type of investors/locators sought <0l>Investors in the areas of:
Access by Land –two (2) to three (3) hour drive from Metro Manila; Access by Air – SBF is accessible to three (3) international airports, namely, the Ninoy Aquino International Airport (NAI) in Manila, Clark International Airport in Clark Freeport, and its very own international airport, the Subic Bay International Airport; Access by Sea – with 15 operational piers and wharves that can support a wide range of businesses and cargos.
Incentives-SBMA is granting fiscal and non-fiscal incentives to its qualified locators.
World Class Infrastructure
15 operational piers and wharves; Subic Bay International Airport (SBIA), which is compliant with International Civil Aviation Organization (ICAO) standards for Category I precision approach runway; New Container Terminals (1 and 2) with a total annual capacity of 300,000 TEUs.
Well-preserved natural environment ; One of the highest levels of security found in any Philippine economic zone; Productive, low-cost and English-proficient workers; More than 700,000 working population in SBF in Subic Bay Freeport and its environs; Highly trainable workforce; Industrial peace, no record of labor strikes or unrest; Quality development infrastructure; Complete community amenities for executives, workers, and their families
Potable water supply; Efficient waste management system; 100,000-line capacity telecom facilities; Stable power supply; Housing facilities; 9111/911 emergency hotline for fire, medical and rescue operations
Profile of proponent-The Subic Bay Metropolitan Authority (SBMA) is the operating and implementing arm of the Government of the Philippines for the development the 262 square mile (670 square kilometer) area of Subic Bay Freeport (SBF) or what was the former US Naval facility in Subic Bay into a self-sustaining tourism, industrial, commercial, financial, and investment center to generate employment opportunities. By 2030, the greater Subic Bay Area shall be the premier Freeport Zone in Asia.