presented by: roberto v. garcia - subic · pdf filepresented by: roberto v. garcia ......
TRANSCRIPT
![Page 1: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/1.jpg)
Presented by:
ROBERTO V. GARCIA Chairman and Administrator
Subic Bay Metropolitan Authority
![Page 2: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/2.jpg)
HOW DID SBMA PERFORM
IN 2013?
![Page 3: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/3.jpg)
Substantial increase of 800 % in approved investments,
from PHP3 billion in 2012 to PHP27 billion in 2013
3 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
I. Investment Promotion Performance
KPI 2012 2013 Increase
Total
Committed
Investments
PHP3 B PHP27 B
Cumulative
Investments
(1992-2012)
US$8.8 B US$9.4 B
Projected
Employment
from New
Projects
2,597 4,402
800%
7%
70%
![Page 4: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/4.jpg)
Investment Promotion Performance
Top New Investments
4 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Rank Company Committed Investments
(in PHP)
1 Resom Resort 21,370,000,000
2 PTT Philippines Trading Corporation 1,900,000,000
3 FFC Subic Seafoods Corporation 848,924,000
4 Johanna-Subic Seafood Corporation 795,574,432
5 Glowbal Outlets Philippines, Inc. 212,231,000
6 Simon & Stanley Int’l. Trading & Dev’t. Co., Inc. 215,626,696
7 APG Int’l. Aviation Academy, Inc 135,466,580
8 Alpha Primero Services Manufacturing, Inc. 84,680,169
9 Associated Freight Consolidators 83,131,539
10 Platinum Skies Aviation, Inc. 80,000,000
OTHERS 1,274,657,078
GRAND TOTAL PHP27,000,291.494
* Based on BSP average FOREX rate of PHP42.4462 for 2013
![Page 5: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/5.jpg)
Full implementation of CUSA policy, allowing for cost recovery and sustained
maintenance of quality municipal services
Full implementation of increased admission fees for second-hand trucks and
heavy equipment, allowing for cost recovery and sustained maintenance of
quality port services
Two (2) MOAs with the DOST – Information Communication Technology
Office for the development of National Government Data Center 3 in Subic
Bay, which will vastly improve the attractiveness of the Freeport to IT and BPO
oriented businesses
“Use it or lose it” land use policy. Repossession of 60 hectares from
defaulting/non-paying locators and residents for offering to other capable
parties
5 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Investment Promotion Performance
![Page 6: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/6.jpg)
Issuance of Board Resolution, fully supporting the construction and
development of Redondo Peninsula Energy, Inc.’s 600 MW coal-fired power
plant project to provide reliable and affordable power in the Freeport and the
rest of Luzon
Final arrangements with PEZA and DBM for continued subsidy of Hanjin
power rates, as committed by the national government; and SBMA Board
approval and execution of addendum to Hanjin lease agreement
6 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Investment Promotion Performance
![Page 7: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/7.jpg)
Investment Promotion Performance
7 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
ADDITIONAL AREAS FOR DEVELOPMENT
Territorial expansion by 10,000 hectares in San Antonio, Zambales, ideal for
tourism and resort development, in cooperation with the Municipality
Territorial expansion by 650 hectares of various properties of coastal land in
Subic, Zambales, ideal for shipbuilding and ship repair, in cooperation with the
Municipality
![Page 8: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/8.jpg)
II. It’s More Fun~tastic in SUBIC!
TOURISM TRAFFIC
S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y 8
Year
Via SCTEX
Tourist
Arrivals
Vehicle Count
Estimated
Visitor
Arrivals
2012 1,201,289 4,805,156 1,252,217
2013 1,300,562 5,202,248 1,283,804
Increase 8% 3% 8%
![Page 9: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/9.jpg)
It’s More Fun~tastic in SUBIC!
EVENTS
S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y 9
MICE & NON-
SPORTS 2012 2013 Variance
No. of Events 230 194 (16%)
No. of Participants 110,015 113,994 4%
SPORTS 2012 2013 Increase
No. of Events 53 56 6%
No. of Participants 19,327 43,215 124%
![Page 10: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/10.jpg)
It’s More Fun~tastic in SUBIC!
TOP 10 MAJOR TOURISM EVENTS
1) 8th Edition Subic International Marathon (January)
2) Subic Bay to Boracay Race (February)
3) TRAP - Tri United Leg 1 (March)
4) TRAP - International Triathlon (April)
5) Philippine Councilors’ League National Convention (May)
6) Century Tuna 5i50 Triathlon / Philippine Institute of Civil
Engineers National Convention (June)
7) Couples for Christ (CFC) Singles Congress (July)
8) CFC-ANCOP Global Walk (August)
9) Arrival of MS Hanseatic Cruise Liner (October)
10) TRAP- 2013 National Duathlon Championships
(December)
10 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
![Page 11: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/11.jpg)
III. Becoming a Major Logistics Hub for Asia
PORT OPERATIONS
11 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
KPI 2012 2013 Increase
Gross
Registered
Tonnage (GRT)
23,902,552 33,591,875
No. of Ship
Calls 2,003 2,177
Containerized
Cargo (in TEUs) 36,304 37,460
Non-
containerized
Cargo (in MTs)
2,214,704 2,404,649 8.6%
3.2%
8.7%
40.5%
![Page 12: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/12.jpg)
Becoming a Major Logistics Hub for Asia
SEAPORT REVENUE (in PHP)
12 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Actual
2012
Actual
2013 Increase
Target
2013
%
Achieved
402,444,994 626,544,703 56% 483,756,478 130%
Processing Fees & Other Charges
1.5% SBMA Shares
11.5%
Cargo Charges 24.3%
Lease/Rental 28.6%
Vessel Charges 34.0%
REVENUE SOURCES
![Page 13: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/13.jpg)
Becoming a Major Logistics Hub for Asia
EXPORTS
13 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Export FOB
Value (in US$) 2012 2013 Variance
SBF Locator
Exports Port
Users
1.91 B 1.34 B
Non-SBF
Exports Port
Users
0.01 B 0.08 B
TOTAL 1.92 B 1.42 B
998%
30%
26%
![Page 14: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/14.jpg)
Becoming a Major Logistics Hub for Asia
AIRPORT REVENUE (in PHP)
14 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Source 2012 2013 Variance
Royalty &
Airport Fees 5,973,909 4,897,712
Lease 30,560,894 49,941,162
TOTAL 36,534,803 54,838,875
63%
18%
50%
![Page 15: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/15.jpg)
IV. Contributing to the National and Local Economy
Tax Cash Collections / Job Generation
15 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
KPI 2012 2013 Increase
BIR P1,278M P1,392M
BOC P6,329M P10,840M
Manpower 89,104 89,584
71%
8.9%
0.5%
![Page 16: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/16.jpg)
Contributing to the National and Local Economy
NATIONAL GOVERNMENT AND LGU SHARES
16 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Allocation from
5% Corp. Tax 2012 2013 Increase
National PHP187 M PHP211 M
LGUs 139 M 156 M
TOTAL 326 M 367 M
SUBIC 23 M
CASTILLEJOS 13 M
SAN MARCELINO 18 M
SAN ANTONIO 14 M
MORONG 14 M
HERMOSA 16 M
DINALUPIHAN 19 M
OLONGAPO CITY 39 M
13%
12%
12%
![Page 17: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/17.jpg)
V. Making the Freeport More Safe & Secure
17 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
No further incidents of rice smuggling
Refurbishing of two (2) harbor police boats for increased patrols to combat
illegal fishing and shipwreck looting in Subic Bay / Completed and turned over
to Agency in October 2013
Procurement and purchase through DBM Procurement Service of eight (8)
brand new service vehicles for the Law Enforcement Department to augment
security efforts in the Freeport
Considerable decrease in crime rates from 47 incidents in 2012 to 38 incidents
in 2013, or a 19% drop in crime rate, including zero Bukas Kotse incident
![Page 18: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/18.jpg)
VI. Protecting Our Environment
18 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Full implementation of “No Plastic Policy”
90% completion of final Programmatic ECC Study
No further incidents of waste dumping
Holding of Water Summit to assure adequate clean water in the medium term
Coordination with City of Olongapo in making studies and representations with
the DPWH to dredge the Kalaklan river to minimize the disastrous flood that
now regularly plague the city
Co-sponsorship of Annual Earth beach cleanup and Kalaklan River cleanup
together with the City of Olongapo
![Page 19: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/19.jpg)
VII. Enhancing Good Governance
19 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
Awarding of ISO 9001:2008 certification for the development
of quality management systems
Signing of Integrity Pledge for the commitment to ethical
business practices and good corporate governance
Over P10M in donations raised in SBFZ for victims of
Typhoon Yolanda / Dispatch of rescue teams to Tacloban to
assist in search and rescue efforts
Awarding of 2013 Gawad Kalasag Best Government
Emergency Response Management Team to SBMA rescue
teams, making the Agency a two-time winner of such award
NBI investigation of the failed 2008 RFID project / Results
expected in the first quarter of 2014
Signing of IRR with the Pastolan Aetas and the National
Commission for Indigenous Peoples, thus paving the way for
the full implementation of the Joint Management Agreement
![Page 20: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/20.jpg)
2013 Financial Performance
ANOTHER RECORD-BREAKING YEAR
![Page 21: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/21.jpg)
27%↑
SBMA GROSS REVENUES
2013 is HIGHEST ever.
21 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
0.20
0.42
0.61
0.80
1.18
1.41
1.31
1.40
1.56 1.54
1.34
1.60
1.50 1.57
1.47
1.57
1.67
1.42 1.40
1.65
2.09
-
0.50
1.00
1.50
2.00
2.50
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Billio
ns
![Page 22: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/22.jpg)
SBMA OPEX
Operating costs kept under control for the past 2 years.
22 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
0.16
0.24 0.28
0.44
0.59
0.66
0.76 0.75
0.69
0.76
0.54
1.26
1.06 1.09
1.23 1.22
1.27
1.06 1.07
1.00
1.10
-
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Billio
ns
10%↑
![Page 23: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/23.jpg)
SBMA OPERATING INCOME (EBITDA)
2013 is HIGHEST ever.
39
183
338 361
589
750
550
653
869
779 795
341
435
475
240
359
406
367
329
652
992
0
200
400
600
800
1,000
1,200
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Millio
ns
23 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
52%↑
![Page 24: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/24.jpg)
SBMA NET INCOME
2013 is HIGHEST ever.
24 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
(185) (73) (35) (82)
2 8
(106)
245
33 135 170
(928)
(102) (233)
(138)
(2,540)
(417)
(1,203)
(1,119)
800
1,079
(3,000.00)
(2,500.00)
(2,000.00)
(1,500.00)
(1,000.00)
(500.00)
-
500.00
1,000.00
1,500.00
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Millio
ns
35%↑
![Page 25: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/25.jpg)
SBMA LONG-TERM DEBT
Long-term debt decreased by over 17% in 2 years’ time.
25 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
0.00 0.30
0.56 0.72 0.89 0.90 0.81 0.80 0.82
1.23
6.65
7.19 7.20
7.74 7.86
10.81
12.45 12.55
12.44
10.92
10.31
PHP 0.00
PHP 2.00
PHP 4.00
PHP 6.00
PHP 8.00
PHP 10.00
PHP 12.00
PHP 14.00
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Billio
ns
6%↓
![Page 26: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/26.jpg)
SBMA CASH POSITION
Cash position improved by over 92% in 2 years’ time
26 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
0.37
0.72
1.03 0.99
1.26
0.88
1.04
1.27 1.25
1.15
1.48
1.36
0.84
0.75
0.47
0.67
0.27
0.58 0.60
0.73
1.15
PHP 0.00
PHP 0.20
PHP 0.40
PHP 0.60
PHP 0.80
PHP 1.00
PHP 1.20
PHP 1.40
PHP 1.60
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Billio
ns
92%↑
![Page 27: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/27.jpg)
2014 Development Plans
and Projects
![Page 28: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/28.jpg)
What will be the business environment in 2014?
The world economy is showing signs of recovery, especially in U.S., Europe
and Japan.
The Philippine economy is expected to maintain its robust GDP growth at
around 7%.
Subic Bay Freeport and other investment areas expect to see continued
investor interest in putting up new projects.
More U.S. military forces will visit the Freeport as part of the implementation of
Obama’s Asia “pivot”.
28 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
*The Philippines for the first time placed
second only to China in GDP growth for
the whole Asian region.
![Page 29: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/29.jpg)
Substantially increase capital expenditures from PHP9 million in 2013 to
PHP620 million this year.
29 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
2014 Major Programs
CAPEX
Actual
2013
Proposed
2014 % Increase
(in Peso Thousands)
Land and Land
Improvements 1,524 90,004 5,804
Buildings & Structures 480 2,616 445
IT Equipment 13 133,961 1,054,714
Equipment Outlays 7,013 393,418 5,510
TOTAL 9,030 620,000 6,766%
![Page 30: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/30.jpg)
Target PhP23 billion in new investments
Focus on creating new jobs to achieve “inclusive growth”
Aggressively pursue utilization of new container port to decongest Manila
ports and vehicular traffic
Attract more tourists and visitors to the Freeport by launching a creative
tourism campaign and hosting more events
30 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
2014 Major Programs
![Page 31: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/31.jpg)
Implement major reorganization that can more effectively achieve the
Agency’s strategic initiatives
Deliver better service to locators and residents by simplifying business
processes such as the new CRTE automatic renewal
Improve the status of the Agency’s employees by implementing the
long delayed salary increases
Intensify the Agency’s Good Governance Program
31 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
2014 Major Programs
![Page 32: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/32.jpg)
“LET US GET BACK TO WORK, AND,
BY FULLFILLING OUR INDIVIDUAL TASKS,
LIKEWISE FULFILL OUR SHARED ASPIRATIONS
AS ONE COUNTRY.”
_______________________________
H.E. BENIGNO S. AQUINO III
32 S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y
![Page 33: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/33.jpg)
“ASK NOT WHAT
SBMA CAN DO
FOR YOU
BUT WHAT YOU
CAN DO TO
MAKE THIS
FREEPORT A
BETTER PLACE
FOR ALL.”
Adapted from John F. Kennedy
![Page 34: Presented by: ROBERTO V. GARCIA - Subic · PDF filePresented by: ROBERTO V. GARCIA ... Signing of IRR with thePastolan Aetas and National Commission for Indigenous Peoples,](https://reader031.vdocument.in/reader031/viewer/2022022501/5aa72e477f8b9a50528bffae/html5/thumbnails/34.jpg)
TO SECURE A SOFT COPY OF SBMA CHAIRMAN
ROBERTO V. GARCIA'S 2013 STATE OF THE
FREEPORT ADDRESS, PLEASE BRING YOUR
FLASH DRIVE TO THE PUBLIC RELATIONS
OFFICE, BLDG. 255, BARRYMAN ROAD OR CALL
(047) 252.4368 / 252.4338.
YOU MAY ALSO DOWNLOAD IT FROM
www.mysubicbay.com.ph
THANK YOU.
MEDIA ADVISORY