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Subic Bay Freeport – More business missions from the “land down under” are now looking into
possible investment opportunities inside this premier Freeport zone.
This was confirmed when the Chamber of Commerce and Industry Australia Philippines (CCIAP)
Inc. visited here last September 20, 2024, as part of the Australia Inbound Mission for possible
trade and investment opportunities .
The CCIAP, led by Leader Founder and President Connie De Cunha, was warmly received by
Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño.
Aliño discussed the diverse capabilities of this ecozone in terms of shipping, tourism, renewable
energy and manufacturing. He added that he hopes the CCIAP would encourage more Australian
companies to locate here.
SBMA Business and Investment Department for Manufacturing & Maritime Manager Karen Magno
delivered a presentation to CCIAP delegates showing the density of Australian companies based
inside the Subic Bay Freeport Zone, and the perks they enjoy from settling here.
Australian companies such as DBA Global also shared their experience working inside the freeport
zone. DBA Global President Darlow Parazo said that Subic Bay Freeport is one of the fast-growing
business hubs in the Philippines.
“With its strategic location and skilled workforce, Subic Bay presents an exceptional environment
for businesses eager to expand their operations in Southeast Asia. As one of the leading
businesses in the area, DBA Global is committed to driving innovation and fostering growth within
this community,” he said.
Subic Bay Taiwan Freeport Chamber of Commerce (SBFTCC) President Best Chang also shared
his experience working inside the SBFZ, citing the numerous perks and benefits of locating here.
He added that the companies conduct work efficiently with the assurance of the continued support
from the SBMA.
CCIAP President Cunha expressed her gratitude to the SBMA, SBTFCC, and the Australian
companies here for showing the delegation how it is to invest inside Subic Bay Freeport. The
group also visited other government owned and controlled corporations as part of their mission.
The SBFZ houses numerous Australian-based companies, including brand names such as DBA
Global and Dunbrae Subic Inc., which has provided hundreds of job opportunities for Filipino
workers here.
Magno said that the top five biggest Australian locators include the steel fabrication company STG
Global Corp. that has invested US$3.5-million; air transport company Platinum Skies Aviation Inc.
with US$1.4-milllion investment; food processing equipment manufacturer Dunbrae Subic Inc. with
US$860,000 investment; furniture manufacturer Beurteaux Subic Inc. with US$630,000
investment; and logistics hub Orica Philippines Inc. with US$610,000 investment.
She added that there are 24 Australian-based companies here with US$11.7-million worth of total
investments and 643 employees, and the agency hopes to increase the number of investors from
Australia very soon.
Back in August 2022, the Philippine Trade and Investment Center (PTIC) of Australia/New
Zealand, in partnership with the Subic-Clark Alliance Development Council (SCADC) and
the Board of Investments (BOI) accompanied Australian businesspersons to visit key
viable investment sites in the Central Luzon area including this premier Freeport zone.
Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño (2 nd from left) joins Ms. Connie da Cunha (extreme right), leader, founder and president of the Chamber of Commerce and Industry Australia Philippines (CCIAP) Inc., for a photo during the group’s visit in Subic Bay Freeport zone on Friday, September 20, 2024. Chairman Aliño is joined by SBMA Senior Deputy Administrator for Business and Investment Manager Barney W. Lee III (3 rd from right); SBMA Business and Investment for Manufacturing and Maritime Manager Karen G. Magno (extreme left) and Subic Clark Alliance for Development (SCAD) Executive Director Atty. Carminda Z. Fabro (3 rd from left).
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