$10-million hotel eyed for Subic

Subic BAy Freeport― Subic Bay Metropolitan Authority Chairman and Administrator Wilma T. Eisma has drawn out strong interest from prospective investors in the United States during her recent meetings with various business groups in the states of Texas and California.

The prospects included a $10-million commitment for a hotel operation and management project from owners of the Ramada Hotel in National City, California, Eisma said.

The other prospects included projects in ship repair, refrigeration facility, home care, Fintech Paypal system, and green energy, she added.

Eisma recently concluded a 10-day business roadshow in Texas and California, meeting with business and civic leaders through Filipino expatriate communities and promoting Subic Bay as a gateway to global business under the SBMA Global Marketing Initiative.

In Houston, Texas, she discussed Subic Bay’s synergies and trade prospects with Port of Houston Authority officials led by chief commercial officer John Moseley, and then signed a cooperation agreement to expand SBMA’s global network with Leonides Reyes, president of the Filipino-American Chamber of Commerce of Greater Houston.

In Los Angeles, Eisma met with top executives of the Los Angeles Port Authority and the Federation of Philippine American Chambers of Commerce at the Port of Los Angeles in California, taking the opportunity to bridge industry and expertise to develop trade and connectivity between the Port of LA and the Port of Subic.

The SBMA official also briefed William A. Hall, president of the Chula Vista Chamber of Commerce, and chamber members who were keen on developing cold storage facility, ship repair, and cruise ship homeport projects in Subic.

With plans to develop trade synergy between the Port of San Diego and Subic Bay, Eisma also met separately with San Diego Port Commissioner Rafael Castellanos and Director Matthew Andersen of the U.S. Commercial Service in San Diego, and San Diego International Airport Senior Director Hampton Brown and Domenic D’Ambrosio, VP for Marketing & Innovation.

At a business forum in San Diego, Eisma highlighted business opportunities in the Subic Bay Freeport in the sectors of manufacturing, shipbuilding, ICT, renewable energy, retirement, leisure, and tourism.

Eisma’s US trade mission concluded with two awards: a “Bayani” award from the Olongapo City Bayanihan Club of San Diego County, and a citation from National City Vice Mayor Ron Morrison.

The first, which was signed by OCBC Chairwoman Elen Nobles and Vice Chairman Jimmy Yap, recognized Eisma’s exemplary contributions “by opening channels of opportunities in job creation, business development, and community-based programs” and hailed her as “a radiant symbol of optimism to the Filipino communities globally.”

The citation from Morrison, meanwhile, cited the SBMA official for “her vision and inclusive leadership in public service by creating economic opportunities for the families of Olongapo City with ties in San Diego, California USA.”

Topics: Subic Bay Metropolitan Authority , Wilma T. Eisma , Ramada Hotel , Port of Houston Authority
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