The Philippines is ranked number 4 in the world in the shipbuilding sector. According to the Maritime Industry Authority (MARINA), it is estimated that 95% of the total volume of cargoes and services to and from commercial and trading centers nationwide are transported by sea. With this, the demand for cargo vessels and other ships are high especially in an archipelagic country like the Philippines. Hence, the development of shipbuilding facilities shall be given strategic priority. It is envisioned that a new shipbuilding or ship repair facility can be constructed in Sitio Naglatore and Kinabuksan for local and foreign markets.Type of investors/locators sought-Ship repair facility developers/companies Available support service/s and facilities Strategic Location
- 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.
- 5 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.
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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.For inquiries DOMESTIC INVESTMENT PROMOTIONS SERVICE BOARD OF INVESTMENTS Tel No.: (+632) 896.4179/895.3984/897.6682 local 229/260 Fax No.: (+632) 890.9307 E-mail: firstname.lastname@example.org , email@example.com