SBMA was recently awarded the International Finance Awards for Best Social Responsibility Initiative and Fastest Growing Free Trade Zone, a great recognition that validates the efforts of the agency. “It was definitely not an easy task,” shares Atty. Wilma Eisma, the Chairman and Administrator of SBMA, “because there were so many factors at play – stakeholders corporation, government support, and even staff capability.”
As part of its mandate to generate job opportunities and promote the Subic Bay Freeport Zone as an investment hub, the SBMA aims to generate more investment projects, and is currently expanding the scope of the Freeport to neighboring municipalities, particularly San Antonio and San Marcelino in Zambales, and Hermosa in Bataan.
SBMA has also zeroed in on the development of the Redondo Peninsula in Subic, Zambales, where Hanjin (HHIC-Phil. Inc.) and RP-Energy are currently located.
Not only does SBMA plan for expansion in industrial development but also in tourism, especially with the emergence of Subic as one of the premier cruise ship destinations in the country. The goal is to showcase the beauty and safety of the Subic Bay Freeport Zone and to train the light on the beauty and offerings of contiguous areas, including Zambales, Bataan, and Pampanga.