Olongapo SubicBay BatangGapo Newscenter

Friday, August 10, 2007

SBMA brimming with locators

IBA, Zambales – A top official of the Subic Bay Metropolitan Authority confirmed Monday the influx of locators and investors at the Freeport and that prospects for alternative investment areas are fast shaping up in the province.

SBMA chairman Feliciano Salonga, although elated by the sudden turn of events, hinted to authorities here that “mechanics must be laid out before real business activities get through into the area.”

Salonga, who made a brief courtesy call to newly installed Gov. Amor Deloso advised officials to start building needed infrastructures like road networks to and from the identified facility sites.

“Zambales has a lot of built-in assets and laden with wide array of natural-physical wealth in land area, water, mineral resources and even in energy power source as shown by the presence of a mega wattage coal-fired thermal power plant significantly located inside the province’ womb” he stressed.

The province is the second biggest in Region III next only to Nueva Ecija, according to a data gathered from Central Luzon Investment Council.

Deloso offered the Masinloc–Candelaria area as alternative seaport for containerized vessels, predicting that “in the next 10-20 years Subic Freeport area would be overloaded and too small for big ships to maneuver even as their numbers are expected to grow.”

The Subic Bay Containerized Seaport was recently inaugurated by President Macapagal-Arroyo.

“Considering the calculated volume of ship building production at the Hanjin Shipyard and the marked increase in number of ship repairs at nearby Philippine Shipyard Engineering Company which are both Subic based companies, the ideal trust would be to dock at the huge Masinloc Port Terminal that is soon to rise,” he said.

Under the master plan provided under CLIC program, Deloso explained that “the MPT as envisioned, is set as an outlet for goods transported into and from nearby provinces of Tarlac, Nueva Ecija and Nueva Vizcaya or even Pampanga for that matter using the proposed Iba-Tarlac high-end roadway.”

Salonga expressed commitment and support to the proposed 500-hectare industrial area set aside by the provincial government in Sitio Talisayen, Pundaquit, San Antonio, as well as the development of the old but huge US Navy Golf link located in San Miguel, San Antonio.

He also reiterated for the “symbiotic business relationship between the two agencies” by supporting each others’ blueprint of development that will fast track programs and projects and finally industrialization of the whole area.
By: Johnny R. Reblando - Journal.com

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