SBMA vowed to stop all forms of illegal importation
By BERNIE CAHILES-MAGKILAT
The new administration of Subic Bay Metropolitan Authority (SBMA) has vowed to stop all forms of illegal importation in the Subic Freeport as the Board pledged to run Subic like an efficient business.
This commitment was forged during the first SBMA Board meeting.
During the meeting, the SBMA Board “unanimously agreed that the new SBMA administration would run an efficient business and to place the Freeport at the forefront of the President’s ten–point agenda for progress.
SBMA director (ret) Gen. Jose Calimlim, who heads the government’s Anti-Smuggling task force has vowed to curb illegal importation to plug the drain to government revenues.
“We will be enforcing the full force of the law in dealing with those who are engaged in smuggling activities here in Subic. We are trying to remove the perception that Subic is a smugglers haven,” said Calimlim in a statement.
Calimlim also holds concurrent positions of SBMA deputy administration and president of the Freeport Services Corp., a subsidiary of SBMA.
As this developed, SBMA chairman Francisco H. Licuanan III has announced that four new Taiwanese manufacturing firms are expanding their operations at the Subic Bay Industrial Park with a combined investments of P1.6 billion.
Licuanan said these new investment are expected to come in the early part of this year.
These firms include Taiwan Pao An Industrial ($20 million), Coin Chemical Industrial ($2 million), Hua Fuh Plastic ($3.12 million) and Wood Center of Asia ($3.8 million).
“The SBMA Board is optimistic of strong economic growth this year,” Licuanan said.
SBMA Administration Alfredo C. Antonio also revealed that some Japanese firms are expanding their Subic operations this year.
These are computer micro motor maker Nidec and automated teller manufacturer Top Mechatronic Corp., which are both located at the Subic Techno Park.
Antonio also noted that the opening of new factories are well as the expansion programs of investors will create more jobs benefiting the nearby towns of Subic
The new administration of Subic Bay Metropolitan Authority (SBMA) has vowed to stop all forms of illegal importation in the Subic Freeport as the Board pledged to run Subic like an efficient business.
This commitment was forged during the first SBMA Board meeting.
During the meeting, the SBMA Board “unanimously agreed that the new SBMA administration would run an efficient business and to place the Freeport at the forefront of the President’s ten–point agenda for progress.
SBMA director (ret) Gen. Jose Calimlim, who heads the government’s Anti-Smuggling task force has vowed to curb illegal importation to plug the drain to government revenues.
“We will be enforcing the full force of the law in dealing with those who are engaged in smuggling activities here in Subic. We are trying to remove the perception that Subic is a smugglers haven,” said Calimlim in a statement.
Calimlim also holds concurrent positions of SBMA deputy administration and president of the Freeport Services Corp., a subsidiary of SBMA.
As this developed, SBMA chairman Francisco H. Licuanan III has announced that four new Taiwanese manufacturing firms are expanding their operations at the Subic Bay Industrial Park with a combined investments of P1.6 billion.
Licuanan said these new investment are expected to come in the early part of this year.
These firms include Taiwan Pao An Industrial ($20 million), Coin Chemical Industrial ($2 million), Hua Fuh Plastic ($3.12 million) and Wood Center of Asia ($3.8 million).
“The SBMA Board is optimistic of strong economic growth this year,” Licuanan said.
SBMA Administration Alfredo C. Antonio also revealed that some Japanese firms are expanding their Subic operations this year.
These are computer micro motor maker Nidec and automated teller manufacturer Top Mechatronic Corp., which are both located at the Subic Techno Park.
Antonio also noted that the opening of new factories are well as the expansion programs of investors will create more jobs benefiting the nearby towns of Subic
posted by OlongapoCity Zambales at
10:39 PM
0 Comments:
Post a Comment
<< Home