Subic Freeport seeks expansion in Bataan
The Subic Bay Metropolitan Authority (SBMA) is firming up plans to extend the freeport’s area in Hermosa town, Bataan province.
Hermosa town Mayor Danilo Malana said the provincial council has already passed a resolution authorizing at least 200 hectares in his town to be declared as additional secure areas under the Subic Bay Special Economic Zone.
The local chief executive expressed interest in initially developing land areas in Tipo village, saying it was suitable for eco-tourism. The area is approximately a 10-minute drive from Subic Freeport and about 25 minutes from Clark.
“We will need an exit from SCTEX (Subic-Clark-Tarlac Expressway) to Hermosa,” Malana said, noting that this would facilitate the movement of goods and people to and from the area.
The SBMA said the development will redound to the mutual benefit of the SBMA and the town of Hermosa.
The project aims to create synergy in development and commercial projects that have large multiplier effects on local economies, and pool scarce resources towards better and more efficient project development and implementation. -- Anthony Bayarong - philstar.com