HOME PAGE ABOUT US CONTACT US SUBSCRIBE ADVERTISE ARCHIVES
TOP STORIES NATION ECONOMY COMPANIES SHIPPING OPINION PERSPECTIVE LIFE SPORTS BANKING
SEARCH ENGINE
WWWOur Site
Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino
Monday to Friday
8:00pm-10:00pm

ARTICLE SERVICES
  • bookmark this page
  • print this article
  • view archive
  •  
    SBITC pushes for North Luzon markets
    Text and photo by Henry Empeño
    Correspondent
     

    SUBIC BAY FREEPORT—Subic Bay International Terminal Corp. (SBITC), the operator of Subic’s New Container Terminal-1 (NCT-1), is training its sights up north for more business.  SBITC officials said their target market would mainly be port users in North Luzon—an area which encompasses both industrial and agricultural centers in the central plains of Luzon, the highlands of the Cordilleras, and the coastal areas of Ilocos and Cagayan.

    “Subic is now fully equipped to attract, foster and support industries, and [will be] a key to an industrialized Philippines,” said SBITC vice chairman Francisco Delgado III, as the firm formally launched the NCT-1 on Friday.

    NCT-1, which is the first phase of Subic’s $215-million port-development project, “will provide the global link needed by industries in the Central and Northern Luzon growth corridors,” Delgado added.

    THE cargo carrier M/V Dover Strait delivers another shipment at Subic’s New Container Terminal-1. Port operator Subic Bay International Terminal Corp. says it aims to tap port users in Central and Northern Luzon to boost its market.

     

    SBITC, which is a joint-venture company of global port operator International Container Terminal Services Inc. (ICTSI), the Subic Bay Metropolitan Authority (SBMA) and Royal Ports Services Inc. (RPSI), had considered the largely untapped areas north of Manila as its primary client base, since it became the exclusive handler of containerized cargo at Subic’s NSD Terminal in 2000.

    North Luzon, which is anchored by the neighboring Subic and Clark free ports and contains several special economic zones and industrial estates, “has shifted gear toward industrialization,” SBITC has noted.

    The area also “offers world-class infrastructure, well-developed transport networks, business incentives, and the best local talent for employment,” SBITC added.

    NCT-1, which is the first phase of Subic’s $215-million port-development project, had already unloaded its first containerized cargo on April 2, when the 1,200-TEU M/V Eagle Excellence delivered a shipment from Kaoshiung, Taiwan.

    However, SBITC chose to introduce the NCT-1 to its target market only after the commercial opening on April 28 of the Subic-Clark-Tarlac Expressway (SCTEx)—a move underscoring the firm’s direction to win over clients “up north” who can now access the port of Subic faster through the new expressway.

    “Our main market, besides the Subic Bay Freeport locators, are businesses from Clark, Tarlac and Angeles City,” explained SBITC general manager Aurelio Garcia.

    With the grand launching of NCT-1, SBITC hopes “to bring in the port users, together with the shipping lines that make port calls in Manila—get them talking [to] find out what each party could do to support the development of this facility [and give] them the chance to experience the convenience that the SCTEx brings,” Garcia also said.

    The launching ceremony on Friday, which had shipping industry leaders, business locators from Subic, Clark and Tarlac, as well as local government officials as guests, was just the first part of SBITC’s promotions program for NCT-1.

    Garcia said the company will also conduct road shows in Subic, Bataan, Clark, Tarlac and other provinces in Central and Northern Luzon to reach out to potential NCT-1 customers.

    The campaign will also involve presenting NCT-1 to foreign shipping lines abroad that may use Subic as a transshipment hub, Garcia added.

    And while officials at the Port of Subic initially see cargo volume at NCT-1 to start at a mere fraction of the facility’s annual capacity of 300,000 TEUs, Subic’s container port is expected to generate enough critical mass over the next few years of operation.

    According to SBMA seaport manager Perfecto Pascual, the 1,835-TEU cargo volume projected in the first six months of operation “would gradually increase from 2,000-3,500 TEUs [monthly] in the second year, and so on until the full capacity is attained.”

    There is even a plan to expand the backup area at the 14-hectare NCT-1 for warehousing purposes “in support of the idea that Subic is ideal as a logistics and transshipment hub,” Pascual added.

    Moreover, authorities here view the potent combination of Subic’s container port, Clark’s expansive airport and the expressway joining the two free ports as a sure-fire formula to spur growth in the area and widen the global market reach of industries therein.

    “Now that the infrastructure are in place, it would be easier to attract foreign investments and boost local trade at the same time,” said SBMA administrator Armand Arreza.

    “With the newly opened SCTEx, NCT-1—and later, NCT-2—could exponentially increase global market access to industries in Central and Northern Luzon,” Arreza said.

    Business locators here share the same view.

    John Corcoran, president of the Subic Bay Freeport Chamber of Commerce, had earlier lauded the expected “positive impact” of the SCTEx, and now sees more development coming up in the Subic Bay area.

    “It’s a very exciting time for the [Subic] free port,” Corcoran said. “NCT-1 is going to be a great resource for the businesses located here.”

    OTHER STORIES

    SBITC pushes for North Luzon markets

    SUBIC BAY FREEPORT—Subic Bay International Terminal Corp. (SBITC), the operator of Subic’s New Container Terminal-1 (NCT-1), is training its sights up north for more business.  SBITC officials said their target market would mainly be port users in North Luzon—an area which encompasses both industrial and agricultural centers in the central plains of Luzon, the highlands of the Cordilleras, and the coastal areas of Ilocos and Cagayan.

    read more

    Gourmet Farms expands in Cebu

    SILANG, CAVITE—Gourmet Farms Inc. (GFI), the largest local supplier of freshly roasted coffee to premier hotels and restaurants in the country, is unfazed by the rising inflation and strengthening peso.  Its officials are projecting a 23-percent growth in the company this year, with a multimillion-peso expansion plan in place for the Visayas, starting in Cebu.

    read more