Subic Bay International Terminal Corp., a unit of International Container Terminal Services Inc., lauded Subic May Metropolitan Authority for terminating the $200 accreditation fee for new logistic firms that will transact and do business at the Freeport.
“We support and laud this SBMA initiative of waiving the Freeport’s accreditation fee. Not only will this foster brisk business in Subic, it will further position Subic as a key logistics hub in the country with new logistics firms expected to hold their offices and operations in the Freeport,” SBITC general manager Robert Locsin said
SBMA from October 18 to December 31 waived the $200 accreditation fee for the first 80 new business entrants and the first 20 accredited entities due for renewal provided they guarantee to bring in at least one container within one month from filing of application or renewal of SBMA’s accreditation certificate.
“On our end, we assure SBMA and the Subic logistics firms—existing, new and upcoming—of ICTSI’s brand of world-class operations and services at the New Container Terminals (NCT) 1 and 2, including our new container freight station (CFS) facility. You have an international trading gateway that has access to global markets,” Locsin said.
The accreditation fee holiday is also in line with SBMA’s 10-point agenda that will further promote small and medium enterprises, including supply chain businesses, in the Freeport, and as SBMA’s contribution in the promotion of inclusive business.
“We need to provide added value to stakeholders and businesses in the supply chain by assuring them that Subic is the best place to do business: we have an efficient, world-class port, faster processing times with our one-stop-shop, a CFS inside the terminal to assist a seamless supply chain, the latest in port technology, and innovations in the nation’s port system,” said Locsin.
Darwin G. Amojelar
“Our efforts will have a direct impact on Subic, and even on the national economy: market competitiveness and profitability for enterprises, more jobs and lower costs of goods for the consumer,” he added. Darwin G. Amojelar