Subic Bay Freeport – A proposed ₱4.135-billion multi-modal logistics and transport hub will soon rise in this premier Freeport as the Subic Bay Metropolitan Authority (SBMA) and the Subic Bay Freeport Grain Terminal Services, Inc. (SBFGTSI) partnered for the construction of this project.
Senior Deputy Administrator for Business and Investment Renato Lee III and SBFGTSI Executive Vice President Lester C. Valdes recently signed the lease contracts and amendment to the existing contracts at the SBMA Corporate Boardroom on May 28, 2025.
According to Lee, the construction of the multi-modal logistics and transport hub will integrate sections of San Bernardino Road within the Subic Port District and parts of the Subic Bay International Airport (SBIA).
These developments include a petroleum tank farm, grain storage, an airport logistics hub, dry storage and warehouse facilities, cold storage areas, a commercial and hospitality hub for cruise ships, and a new wharf for ultra-large cruise ships.
This is also seen to generate employment for 798 workers.
“This is a huge step for Subic Bay Freeport as it reaches its goal to have a more modern air and seaport which are expected to boost the port’s capacity, increase competitiveness, and generate more revenue,” Lee said.