SUBIC BAY FREEPORT – Another batch of Taiwanese businessmen visited this free port on Thursday, May 18, to look into investment and business prospects here.

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Jonathan D. Tan, who welcomed them, said the visit is part of the Integrated Investment Campaign: New Southbound Philippines to drum up investments in the country.

Said campaign is aimed at providing foreign investors an insight about the business climate in the Freeport and entice them to invest here. 

During the investment briefing held at the SBMA boardroom, Tan disclosed to the nine-man business delegation that the administration’s new approach in enticing investments here is the JDT method which stands for Jobs, Development and Tourism. 

This focuses on increasing job opportunities for Filipino workers, development of the Subic Bay Freeport, and tourism boom for all tourist spots here.

“J for jobs, create more jobs for the people; D for development, encourage more investors in making the Freeport a competitive business hub; and T for tourism, make your stay at the Freeport relaxing while doing business,” Tan explained.

Meanwhile, Business and Investment Department for Manufacturing and Maritime (BID-MM) manager Karen Magno briefed the group on the various business activities inside the free port zone. 

She also highlighted the ease of doing business in the Freeport as the SBMA very well provides assistance for companies locating here.

Xantheng Subic International Corporation Assistant to the CEO Best Chang also presented the Tipo Hightech Eco Park (THEP) located at the Tipo Gate area. THEP is a rising industrial park that can accommodate from small to heavy industry businesses.

Julie Tan, manager of the Subic Bay Development and Management Corporation (SBDMC) Inc. Investment Services Department, also gave a briefing on the Subic Bay Gateway Park (SBGP), citing that the area has been one of the first industrial parks for Taiwanese companies in Subic.

Philippine Trade and Investment Center (PITC) Taipei Director for Commercial Affairs and Head of Delegation Anthony B. Rivera expressed his gratitude to Chairman Tan, saying that the Subic Bay Freeport is certainly a conducive area for Taiwanese businesses to prosper. 