Olongapo SubicBay BatangGapo Newscenter

Monday, December 05, 2005

Subic food processing center to rise

By Cecille Garcia, Manila Standard Today

SUBIC BAY FREEPORT – A P500 million food processing complex with 15 factories will soon rise in this premier free-port zone after project proponent Bonsure Evergreen International Corp. (BEIC) broke ground over the weekend.

Subic Bay Metropolitan Authority Chairman Feliciano Salonga led the ceremony at the Subic Bay Industrial Park for the establishment of the first food processing center here, signaling the start of “global invasion” by foods processors.

“I would like to see this project grow successfully,” Salonga said. “I’m also gratified to note that the target market of this product will be worldwide, and it would bring export quality Subic-made food products to all the corners of the world.”

SBMA administrator Armand Arreza said Subic Freeport had received a lot of interest from Taiwanese groups to redevelop industrial park in Subic Bay with Bonsure Evergreen International spearheading the effort.

“This would be the start of a new complex with 15 different food factories which hopefully will continue to grow, and we in Subic Freeport hope to nurture that growth,” Arreza said.

Subic Bay Development and Management Corp. (SBDMC) president Jeff Lin said the establishment of a food processing center inside the Subic Industrial Park was a welcome development.

He said the project would “serve as showcase” for other prospective investors, particularly those engaged in global marketing, to come and invest in Subic Freeport.

“A few months ago, I have relayed to the Investment and Processing Department (IPD) of SBMA our investment plan to have an array factory buildings for the food processing complex of international standards,” said BEIC president Betty Ong.

Bonsure Evergreen is engaged in export trading of processed food products such as dried shredded tuna which are mainly shipped to Europe, Asia and America.

“We will be occupying four hectares of prime land inside the Subic Bay Industrial Park to house not just one unit of 2,000-square meter factory building but up to 15 similar plants to compete our five-year program,” Ong said

0 Comments:

Post a Comment

<< Home


 

This is a joint private blog of volunteers from Subic Bay. It is being maintained primarily to collate articles that may be of importance to decision making related to the future of Subic Bay and as a source of reference material to construct the history of Subic Bay.

The articles herein posted remains the sole property of original authors and publications which has full credits to the articles.

Disclaimer: Readers should conduct their own research and due diligence before using any article herein posted for whatever intended purpose it may be. This private web log will not be liable for any loss or damage caused by a reader's reliance on information obtained from volunteers of this private blog.

www.subicbay.ph, http://olongapo-subic.com, http://sangunian.com, http://olongapo-ph.com, http://oictv.com, http://brgy-ph.com, http://subicbay-news.com, http://batanggapo.com 16 January 2012