SUBIC BAY

SBMA Port Operations surpasses Php 1B yr.-on-yr. revenue generation
Sep 10, 2025

Subic Bay Freeport – The Port Operations of the Subic Bay Metropolitan Authority (SBMA) under the leadership of SBMA Chairman and Administrator Eduardo Jose L. Aliño surpassed its year-on-year performance in terms of revenue generation, achieving Php 1.023 billion from January to July of 2025.
 
SBMA Senior Deputy Administrator (SDA) for Port Operations Ronnie R. Yambao said that the amount also accounts for a 4.8 percent increase compared to the Php 976-million revenue recorded during the same period in 2024.
 
Yambao added that this revenue milestone is attributed to the 18 percent increase in importation of containerized cargoes of assorted food products and agricultural products, as well as a 2.6 percent increase in exportation of containerized cargoes.
 
He also noted the increase in cargo handling services due to the surge of non-containerized cargo (dry bulk) such as rice, which is up by 437 percent, and timber, which is up by 18 percent. This also includes payment of SBMA shares from joint venture partners, cargo handling, and miscellaneous tariff adjustments, as well as efficient management of port operations.
 
By the end of the year, the agency is projecting Php 1.75-billion revenue earnings, which is 2.77 percent higher than ₱1.706 billion earned in 2024.
 
“This will be realized by the policies approved by the SBMA Board of Directors, increasing trade volume growth through aggressive global and domestic marketing campaigns and creating alliances with local and international ports around the world,” Yambao said.
 
The Port Operations has committed to generating ₱3 billion in revenues by 2030, and Php 10 billion by 2050, taking advantage of the national government’s thrust to bolster high-impact investments through the Luzon Economic Corridor (LEC) by port expansion projects and other Green Initiatives.
 
“In fact, the Government has already appropriated ₱100-million budget to procure Shore Power Connection Facility in this premier port, coupled by the DOTR’s aggressive support in the implementation of the Subic-Clark-Manila-Batangas Railway Project with the assistance of the USAID and other financing institutions,” he added.

The Port Operations team under Ronnie Yambao, Senior Deputy Administrator for Operations, is led by Atty. Martin Kristoffer Roman, Deputy Administrator for Ports, with Engr. Zharrex Santos, General Manager of the Subic Bay International Airport (SBIA), Jerome M. Martinez, General Manager of the Seaport Department, and Joy Quito, Officer-in-Charge of the Trade Facilitation and Compliance Department (TFCD).

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