SBMA chief outlines Subic infra development plan
MANILA, Philippines - A sprawling industrial zone, a bypass road and an upgraded airport are among the key infrastructure projects in the pipeline by the current Subic administration.
In a Kapihan sa Manila Bay forum Wednesday, Subic Bay Metropolitan Authority (SBMA) chairman Martin Dino said since he took over last October, he has laid out an aggressive expansion plan for the area, one of the country’s premier economic and tourism zones.
He said among the projects he proposed is the establishment of the Subic Industrial Zone, a 3,000-hectare commercial and manufacturing hub at a cost-competitive rental rate of about P4 per square meter.
Around 900 hectares have already been rented out for dynamic construction, he added.
With the industrial zone in progress, Dino said a P15-billion bypass road is necessary to connect Castillejos town in Zambales all the way to SCTEX, since “we cannot use the old roads of Castillejos, Subic and Olongapo.”
The environmentally-compliant bypass road will start construction in December, he said.
In addition, Dino said they have set aside P800 million to expand Subic International Airport, including the purchase of highly sophisticated radar and landing equipment.
He said the upgraded airport will take off in less than a year, accommodating about 10 million passengers yearly.
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