SBMA READIES COMPLEX FOR REBIDDING AS FEDEX EXITS SUBIC HUB
SUBIC BAY FREEPORT - In an effort to gear up for the imminent pull-out of US logistics giant Federal Express (FedEx) in 2008, the Subic Bay Metropolitan Authority (SBMA) formed an inspection team that will oversee the preparation of the facilities to be left by the firm for its rebidding this year.
SBMA Administrator Armand C. Arreza said the inspection team is composed of representatives from FedEx, SBMA Engineering Department, and SBMA Property Procurement and Management Department.
"The team is tasked to evaluate and assess the building and other facilities occupied by FedEx. They will make sure that it is in the best condition before the rebidding due this year," he said.
The inspection was deemed necessary to identify which buildings and facilities under the lease contract of Federal Express that needed to be repaired or replaced by the firm and or the SBMA before the rebidding date.
"As FedEx transfers its Asia Pacific hub to China in December 2008, it will still occupy the Subic Freeport office as its regional office and back-office functions to provide continuous quality service to local clients," he assured.
Arreza said the SBMA has already received a number of business proposals from foreign airfreight service providers who have expressed keen interest in taking over the facilities to be left by FedEx.
These proposals are to undergo careful scrutiny and evaluation before final details are disclosed.
The transfer of FedEx to its new home in Guangzhou China will provide the American cargo giant more than 80,000 square metres of floor space inside the 63,000 hectares of land space, making it the biggest facility outside the mainland United States.
The company has reportedly spent US$150 million to set up the new facility. (PNA)
SBMA Administrator Armand C. Arreza said the inspection team is composed of representatives from FedEx, SBMA Engineering Department, and SBMA Property Procurement and Management Department.
"The team is tasked to evaluate and assess the building and other facilities occupied by FedEx. They will make sure that it is in the best condition before the rebidding due this year," he said.
The inspection was deemed necessary to identify which buildings and facilities under the lease contract of Federal Express that needed to be repaired or replaced by the firm and or the SBMA before the rebidding date.
"As FedEx transfers its Asia Pacific hub to China in December 2008, it will still occupy the Subic Freeport office as its regional office and back-office functions to provide continuous quality service to local clients," he assured.
Arreza said the SBMA has already received a number of business proposals from foreign airfreight service providers who have expressed keen interest in taking over the facilities to be left by FedEx.
These proposals are to undergo careful scrutiny and evaluation before final details are disclosed.
The transfer of FedEx to its new home in Guangzhou China will provide the American cargo giant more than 80,000 square metres of floor space inside the 63,000 hectares of land space, making it the biggest facility outside the mainland United States.
The company has reportedly spent US$150 million to set up the new facility. (PNA)
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