Tag: infrastructure

Subic Bay Port Operations Revenue Jump 20% To P389 Million In 1st Quarter Of 2026

Subic Bay Port Operations Revenue Jump 20% To P389 Million In 1st Quarter Of 2026

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The Subic Bay Metropolitan Authority (SBMA) recently announced that the port operations revenue reached P389 million in the first quarter of this year which reflects a 20% jump compared to the previous year.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) generated PHP 389 million in revenues from port operations during the first quarter of 2026, with a 20 percent increase from last year’s PHP 324 million.

SBMA Senior Deputy Administrator for Port Operations Ronnie Yambao disclosed that the Seaport Department alone generated PHP 302 million of the said amount, the Airport Department with PHP 50 million, and the Trade Facilitation and Compliance Department (TFCD) at PHP 36 million.

According to Yambao, the Seaport Department generated PHP 302 million from higher Vessel and Cargo Charges which increased by 31 percent, while the number of ship calls also increased by 20 percent.

The Port of Subic recorded a total of 463 ship calls by foreign and domestic vessels, 171 of which were bulk and break-bulk vessels, recording a 29 percent increase. Meanwhile, there was also an 18% increase in recorded port calls with 159 liquid bulk vessels.

“Consequently, revenues from SBMA’s share in Pilotage Services also increased by 20 percent, while Tugboat Services posted a significant 75 percent growth,” he said.

Revenues from wharfage fees also escalated by 24 percent with an increase in total volume of containerized cargo by 3 percent. This was driven mainly by a 5 percent growth in imports, equivalent to 28,070 TEUs.

Major contributors included assorted food products from Ecossential Foods Corp., and rubber products from Yokohama Tires Philippines Inc. Export cargoes likewise grew substantially by 31 percent, reaching 15,757 TEUs, primarily contributed by DSV Air and Sea Inc. and Yokohama Tires Philippines Inc.

Meanwhile, non-containerized cargo volume posted a remarkable 30 percent increase, mainly driven by bulk and break-bulk cargoes, which rose by 47 percent. Key commodities contributing to this growth included rice (up by 331 percent), corn (up by 571 percent), soybeans (up by 15 percent), wheat (up by 16 percent), and liquid bulk petroleum products (up by 11 percent).

Yambao added that revenues from SBMA’s share in Cargo Handling Services increased by 22 percent, largely from Amerasia International Terminal Services Inc., Mega Subic Terminal Services Inc., and Subic Bay Freeport Grain Terminal Services Inc.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the port of Subic Bay will be able to exceed 2025’s revenues by the end of this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Weak Infrastructure Safeguards In The Philippines Exposed

Weak Infrastructure Safeguards In The Philippines Exposed

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It has been several months since the flood control corruption scandal rocked the Philippines. As a result, the scandal exposed weak infrastructure safeguards, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

The Organization for Economic Cooperation and Development (OECD) has flagged corruption as a major risk to Philippine infrastructure delivery, warning that the multibillion-peso flood-control corruption scandal show that current accountability safeguards remain insufficient to prevent the misuse of public funds.

In its report titled “Accelerating Sustainable Infrastructure Investments: Assessing Policies for Planning, Delivery and Financing in Central and Southeast Asia” published on Friday, June 12, the Paris-based OECD said procurement weaknesses continue to undermine infrastructure development in the Philippines despite existing legal frameworks and reform initiatives.

“Corruption remains a major risk in infrastructure delivery” in the country, OECD said, citing persistent procurement vulnerabilities despite measures such as the Integrity Initiative and online blacklisting.

OECD said anti-corruption clauses should be embedded in public procurement and public-private partnership (PPP) contracts, while transparency mechanisms should be expanded to strengthen oversight over infrastructure projects.

It said recent high-profile scandals involving infrastructure rollout, particularly flood-control projects, showed that existing accountability mechanisms were not enough to prevent the improper use of public funds.

OECD devoted a section of its Philippines chapter to flood-control governance failures, citing reports in a University of the Philippines Center for Integrative and Development Studies (UP CIDS) policy brief on irregularities affecting projects worth more than ₱545 billion, or about $9.5 billion, since 2022.

According to OECD, UP CIDS reported that a significant share of contracts had been awarded to a small number of firms, while some projects were found to be non-existent or poorly executed.

The report also cited estimates that corruption in flood-control spending may have cost the government ₱42 billion to ₱118 billion, or $700 million to $2 billion, a year.

OECD said the case showed how corruption and mismanagement could weaken climate resilience while wasting scarce public funds in a country highly exposed to climate-related flooding.

To address these risks, OECD said the Philippines should strengthen procurement transparency, independent audits, competitive bidding, and project-level monitoring.

It also recommended publishing contract data and linking budget releases to verified project completion to help protect public resources as well as ensure that infrastructure investments deliver actual resilience and development outcomes.

OECD said public procurement, PPPs, and state-owned enterprises (SOEs), or locally known as government-owned and/or controlled -corporations (GOCCs), should “lead by example” in promoting responsible business conduct (RBC) in infrastructure.

While the Government Procurement Reform Act (GPRA) already includes RBC-related provisions, OECD said bidding documents still lack references to climate resilience and broader RBC risks.

The report also noted that the PPP Code mandates environmental and social safeguards, but gaps remain in standardized procedures as well as the capacity of local government units (LGUs) to implement them.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it will still be a few years before guilty ones behind the flood control corruption scandal will be brought to justice? Do you think infrastructure development will continue to be hampered by corruption over the next ten years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

800 Square Meters Of Land Allotted By SBMA For Luzon Economic Corridor Initiatives

800 Square Meters Of Land Allotted By SBMA For Luzon Economic Corridor Initiatives

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Subic Bay’s participation in the ambitious Luzon Economic Corridor (LEC) was felt anew as the Subic Bay Metropolitan Authority (SBMA) announced it has allotted eight hundred square meters of land for the LEC initiatives and for the Bases Conversion and Development Authority’s (BCDA) utilization.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) has allotted 800-square meters of land to be utilized by the Bases Conversion and Development Authority (BCDA) for the Luzon Economic Corridor (LEC) initiatives.

SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President/ CEO Joshua M. Bingcang formalized this pact in a Memorandum of Agreement (MOA) at the SBMA administration building on June 3, 2026.

SBMA Senior Deputy Administrator for Support Services Atty. Ramon O. Agregado and BCDA Senior Vice President for Conversion and Development Group Engr. Mark P. Torres witnessed the signing of the MOA along with officials and employees from both agencies.

Aliño stated that the designated area will serve as a workspace for BCDA officials and employees involved in official duties throughout the construction of the Subic-Clark-Manila-Batangas (SCMB) Railway Project and the Subic-Clark-Tarlac Expressway (SCTEX) interchange expansion.

“We are delighted to have you join our community. This partnership is more than just us lending you a parcel of land. It is a commitment to building a vibrant, supportive, and sustainable home for your staff. We look forward to ensuring that their living experience here is not only comfortable but truly enriching,” Aliño said.

Meanwhile, Bingcang said that this prepositioning of BCDA officials and staff is part of the agency’s thrust to ensure that the BCDA’s assets in Bataan accelerate investments and development activities in the region.

He added that these combined developments are expected to boost investment inflows further and increase personnel movement and operational demands in and around the Subic-Bataan-Clark growth area.

The agreement signed by the two agencies stipulates the use of an approximately 800-square-meter vacant residential lot located between Lots 95 and 97 Corsair Street, West Kalayaan, Kalayaan Heights District, Subic Bay Freeport Zone.

The allocation was approved by the SBMA Board of Directors through Resolution No. 25-07-1360 dated July 10, 2025, subject to the terms and conditions of the MOA and applicable SBMA rules and regulations.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Luzon Economic Corridor will pave the way for economic breakthroughs in the years to come?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

American AI Companies Targeting IT-BPM Sector Of The Philippines

American AI Companies Targeting IT-BPM Sector Of The Philippines

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With a thriving information technology and business process management (IT-BPM) sector, the Philippines is attracting the attention of American artificial intelligence (AI) firms due to revenues generated and the existing large employment base, according to a Manila Bulletin news report citing the United States Commercial Service (USCS).

To put things in perspective, posted below is the excerpt from the Manila Bulletin report. Some parts in boldface…

The Philippines’ information technology and business process management (IT-BPM) sector has emerged as the most viable investment destination for American artificial intelligence (AI) firms, according to the United States Commercial Service (USCS).

USCS Manila commercial specialist Easter Villanueva said the IT-BPM sector is a promising market for US-based AI companies given the revenues it generates and its large employment base.

“Given the size of this sector, AI could play an important role in modernization, productivity, and movement toward higher value services,” she said in a webinar organized by the USCS last week.

The IT-BPM sector generated more than $40 billion in revenues last year, up five percent from $38 billion in 2024, based on data from the IT and Business Process Association of the Philippines (IBPAP).

IBPAP said the industry employed 1.9 million workers last year, four percent higher than the previous year’s 1.82 million employees.

This year, the IT-BPM industry is expected to generate $42 billion in revenues and create 1.97 million jobs.

As AI threatens to disrupt the industry, Villanueva said the sector is increasingly becoming more open to integrating AI into its operations, especially when it comes to voice-based services.

“I would think that they would be very much willing to explore [AI], since it is also important for workforce development,” said Villanueva.

“They want to also protect the jobs here in this market, [so] they would want to upskill their agents to be able to integrate their daily operations with AI,” she added.

Aside from the IT-BPM sector, other promising industries for American AI companies include digital transformation, financial services, telecommunications, healthcare, energy, infrastructure, and the public sector.

Villanueva said there are also opportunities in cybersecurity, data governance, and responsible AI, especially as companies become more conscious of data privacy and security.

Based on USCS estimates, AI adoption in the country remains limited, with only about 14.9 percent of companies currently using AI tools.

“This is not yet a mature AI market, and many buyers are still learning what AI can do, what it cannot do, how much it will cost, and how results can be measured. For US companies, this means that the opportunity is not only to sell, but also to educate, build trust, and demonstrate practical value,” said Villanueva.

For AI companies looking to enter the market, she said it is critical to make their use case clear by helping address a specific problem with measurable outcomes while offering cost-effective solutions.

She also recommended that firms work with local partners for market access and implementation support, embed data privacy and AI governance measures early, and adopt a consultative approach with buyers.

“Buyers can be price-sensitive, and companies may face competition from lower-cost providers…So the opportunity is real, but it will require patience, education, and a clear business case,” Villanueva said.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think several AI firms in the United States will proceed to tap the IT-BPM sector of the Philippines soon? What kind of business developments do you think will happen once American AI firms start investing in the Philippines’ IT-BPM sector? Do you think political scandals or government-related blunders of the Philippines might discourage American AI companies from investing?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Flood-prone Areas Of Parañaque City Inspected By DPWH Secretary

Flood-prone Areas Of Parañaque City Inspected By DPWH Secretary

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Remember how terrible flooding was in Parañaque City last year? A lot of locals do not want such cases of flood to happen again and already there are those who said that Parañaque should be renamed as Baharañaque. In a serious attempt to prepare the city for the incoming rainy season, Department of Public Works and Highways (DPWH) Secretary Vince Dizon personally inspected the flood-prone areas of the city and he was accompanied by 2nd District Representative Brian Yamsuan, according to a news report by The Daily Tribune.

To put things in perspective, posted below is an excerpt from the news report of The Daily Tribune. Some parts in boldface…

The Department of Public Works and Highways (DPWH) is partnering with local lawmakers to fast-track long-term drainage upgrades and dredging operations along critical creeks to resolve severe flooding that frequently paralyzes major thoroughfares in the city.

DPWH Secretary Vince Dizon and Parañaque Representative Brian Yamsuan on Monday conducted a joint inspection of flood-prone areas, specifically targeting Dr. A. Santos Avenue in front of the Manila Memorial Park.

During heavy downpours, floodwaters in the area can rise up to four meters high, blocking access to the Skyway and the South Luzon Expressway, which triggers massive traffic gridlock.

Dizon said a key immediate solution is to dredge Villanueva Creek, which runs inside the cemetery, to allow floodwaters to flow freely into (Don Galo) Creek. Dongalo Creek will also undergo extensive dredging to clear accumulated garbage and silt.

The broader infrastructure plan includes a major overhaul of the Parañaque drainage system, which will replace old, narrowed concrete pipes with high-capacity drainage lines.

Officials cited during the inspection that uneven road elevation along Dr. A. Santos Avenue — formerly known as Sucat Road — compounds the problem. Low-lying sections of the highway trap rainwater, while clogged roadside canals slow down the rate at which the water recedes.

Dizon and Yamsuan also inspected the (Don Galo) River, another source of flooding that sends water rushing four to five feet high into nearby residential areas, severely affecting Barangay Santo Niño, Moonwalk Subdivision, and portions of Multinational Village.

As a quick-fix solution before the onset of the rainy season, Dizon recommended constructing temporary water detention basins beneath local basketball courts to contain excess runoff before pumping it out toward waterways leading to Manila Bay.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, were you or your neighbors badly affected by the flood that happened in the city in 2025? Do you think flooding in Parañaque has worsened over the past ten years? Do you wish the City Government officials would do much more to prevent flooding from happening again?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

U.S. Trade And Development Agency To Fund Feasibility Study For Sangley Point International Airport

U.S. Trade And Development Agency To Fund Feasibility Study For Sangley Point International Airport

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Here in the Philippines, the push to develop new international airports to improve air travel connectivity with other destinations gained a major step forward as the United States Trade and Development Agency (USTDA) will fund a crucial feasibility study for the multi-billion Dollar Sangley Point International Airport (SPIA) project, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

The United States (US) Trade and Development Agency (USTDA) will fund a feasibility study for the proposed Sangley Point International Airport in Cavite, a project aimed at easing congestion in Metro Manila and bolstering security for direct transpacific flights.

The USTDA awarded the grant to Cavitex Holdings Inc., a local developer leading the project consortium, the agency said in a statement on Tuesday, May 12.

Cavitex has selected California-based The S-A-P Group LLC to conduct the technical analysis, which will include air traffic forecasting, financial modeling, and the design of security protocols for a facility intended to serve as a major gateway for US-bound travel.

The investment comes as the Philippines struggles to manage surging aviation demand. Metro Manila’s primary gateway, Ninoy Aquino International Airport (NAIA), handled approximately 52 million passengers in 2025, pushing its aging infrastructure to the limit. The Sangley project is a central component of the Luzon Economic Corridor, a strategic initiative designed to strengthen economic resilience and infrastructure connectivity across the country’s most populous island.

“The high volume of direct international travel between the United States and the Philippines reflects the steadfast friendship of our two countries,” said Thomas R. Hardy, USTDA deputy director.

He added that the project aligns with the broader goal of maintaining a free and open Indo-Pacific by fostering safe and efficient passenger traffic.

For Cavitex, the US backing provides both technical expertise and a gateway to American technology. The study will evaluate the adoption of US solutions for security screening, telecommunications, and airport construction.

Leonides J.M. Virata, Cavitex president and chief executive officer, said the grant will accelerate the development of an airport expected to generate tens of thousands of jobs and unlock billions of pesos in long-term economic activity.

While the project cost remains subject to the study’s findings, the consortium has previously indicated that the multi-phase redevelopment of the former naval base could require an investment exceeding 500 billion pesos. The project is designed to handle both cargo and passenger traffic, providing a necessary relief valve for the capital region’s saturated airspace.

The USTDA functions as a “first mover” for US government involvement in emerging market infrastructure, providing the technical groundwork required to make large-scale projects bankable.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that the USTDA’s funding of a feasibility study is very crucial for the development of the Sangley Point International Airport? Do you think there really is a high volume of direct international travel between America and the Philippines? Do you think the development of new international airports in the Philippines will progress better as long as the national government does not get involved?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Muntinlupa City Opposes Parañaque Spillway Project

Muntinlupa City Opposes Parañaque Spillway Project

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Recently in the progressive City of Muntinlupa, Mayor Ruffy Biazon formally signed a resolution from the City Council which opposes the implementation of the Parañaque Spillway Project as it will negatively affect local residents, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

Muntinlupa Mayor Ruffy Biazon signed a City Council resolution opposing the Parañaque Spillway Project which will displace families in the city.

Muntinlupa Resolution No. 2026-275 reiterates “the City of Muntinlupa’s opposition to the implementation of Paranaque Spillway Project.”

“Pinirmahan ko ang Resolution No. 2026-275 na muling nagpapatibay sa opisyal na pagtutol ng Lungsod ng Muntinlupa sa Parañaque Spillway Project. Noon pang unang termino ko, malinaw na ang posisyon natin dito. Tutol tayo dahil sa direktang epekto sa komunidad, lao sa mga lehitimong residenteng madi-displace ng proyekto (I signed Resolution No. 2026-275 which reaffirms the official opposition of the City of Muntinlupa to the Parañaque Spillway Project. Since my first term, our position on this has been clear. We oppose it because of the direct impact on the community, especially on the legitimate residents who will be displaced by the project), said Biazon.

Biazon said in 2022 the city held a public hearing about the project. In 2023, Biazon sent a letter to the Department of Public Works and Highways to express his opposition to the project. A resolution was passed in 2024 about this.

“Maging ang ating mga barangay ay nagpahayag na rin ng pagtutol, gaya ng naging desisyon ng Barangay Buli noong 2021 na humihiling na ilipat ang proyekto sa mas angkop na lugar. Sa pinakahuling resolusyon na primarily authored by Konsehal Jonas Abadilla, binibigyang-diin din na bumubuo ang lungsod ng isang komprehensibong drainage master plan para sa pangmatagalang solusyon sa pagbaha sa Muntinlupa (Even our barangays have expressed their opposition, such as the decision of Barangay Buli in 2021 requesting the relocation of the project to a more suitable location. In the latest resolution primarily authored by Councilor Jonas Abadilla, it is also emphasized that the city is developing a comprehensive drainage master plan for a long-term solution to flooding in Muntinlupa),” the mayor added.

The new resolution stated that the DPWH announced that the project will proceed this year.

In February, Biazon signed a memorandum of agreement with the “University of the Philippines (UP), for the formulation of Drainage Master Plan for the City Of Muntinlupa, aimed to develop its Drainage Master Plan (DMP), which will serve as the basis for the city’s comprehensive flood management strategy.”

“The City of Muntinlupa reiterates its stand that The Project proponents should present concrete alternate solutions that will lessen/mitigate The Project’s impact on the constituents of the City, more particularly the people of Barangay Buli,” according to the resolution.

It added, “The sentiments of the most affected barangay in the City of Muntinlupa was embodied in Kapasiyahang Barangay ng Buli Bilang 018-2021 Serye 2021 or Kapasiyahang Barangay na Naglalayong Ipalipat sa Orihinal na Planong Pagtatayuan nito o sa iba pang Angkop na Lugar ang Proyekto ng Gobyerno na ‘Paranaque Spillway.’” 

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you concerned that the Parañaque Spillway Project will displace local residents and worsen flooding in the city? Do you think the DPWH will eventually listen to the City Government and halt the project?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Cerberus’ P5.31 Billion Unsolicited Proposal For Subic Bay International Airport Development Under SBMA’s Review

Cerberus’ P5.31 Billion Unsolicited Proposal For Subic Bay International Airport Development Under SBMA’s Review

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When was the last time you visited the Subic Bay International Airport (SBIA)? In recent times, the US-based company Cerberus Asia Pacific Investments, LLC (Cerberus) proposed to manage, operate and rehabilitate the said airport for P5.31 billion and it has been endorsed by the Public-Private Partnership (PPP) Center. The unsolicited proposal is officially being reviewed by the Subic Bay Metropolitan Authority (SBMA), according to a news report by BusinessWorld.

To put things in perspective, posted below is an excerpt from the business news article of BusinessWorld. Some parts in boldface…

THE P5.31-billion unsolicited proposal of US-based investment company Cerberus Asia Pacific Investments, LLC (Cerberus) to manage, operate, and upgrade Subic Bay International Airport (SBIA) is now being reviewed by the Subic Bay Metropolitan Authority (SBMA) after the go signal from the Public-Private Partnership (PPP) Center.

“This unsolicited project was endorsed by the (PPP) Center to the IA (implementing agency) after being determined complete… The Subic Bay International Airport PPP is currently undergoing the approval process of SBMA,” the PPP Center told BusinessWorld on Tuesday.

According to the PPP Center, the SBMA will be the approving body for the project. If approved, the airport project will be under an operate-add-transfer contract arrangement.

Once the SBMA approves the project, it will begin negotiations with the project proponent. The government will then formalize the Original Proponent Status and initiate the Swiss Challenge process.

The Swiss Challenge is a process where other companies can submit better offers, but the original proponent has the right to match them.

Cerberus Capital Management is an investment firm managing approximately $65 billion in assets. Its global network of affiliates includes Cerberus Asia Pacific, which focuses on investments in logistics, infrastructure, technology, and energy.

Cerberus already operates part of a 310-hectare lot of a former South Korean-owned shipyard located west of the airport for which it had submitted an unsolicited bid.

“In theory, competitive bidding is king. In the reality of the SBIA, Cerberus is the catalyst we need. It is time to choose strategic results over procedural delays,” Rene S. Santiago, former president of the Transportation Science Society of the Philippines, said in a Viber message.

Nigel Paul C. Villarete, a senior adviser on public-private partnerships at the technical advisory group Libra Konsult, said that solicited bidding would be more feasible and faster, as it enables the government to define the contract’s parameters and coverage.

“Many of our public facilities should be operated by the private sector to attain a lot of the efficiencies that they can do, which are often difficult to attain within the government realm,” Mr. Villarete said.

For Mr. Villarete, a government-led solicited procurement process will always be preferable.

However, since an unsolicited proposal has already been submitted, the government’s role is to enter into negotiations, introduce the necessary changes and amendments, and only then present the proposal to the public for challenge, he said.

“There should be a negotiation period for the two parties to discuss any amendments required by the government before this is published for challenge,” he said.

Cerberus’ proposal covers the rehabilitation of SBIA assets and the development of new facilities to expand capacity and attract new tenants.

The company has also committed to invest “considerable financial resources” and utilize its real estate management capabilities in developing the airport.

In its proposal the company said that it will maintain the existing leases but only for the “early years” of its concession period.

“Cerberus plans to maintain the status quo of existing operations by honoring existing leases and retaining incumbent employees. In parallel, Cerberus will invest significant capital expenditure to improve SBIA’s infrastructure and operations, whilst building new hangars and storage facilities to reestablish SBIA as a major hub for commercial cargo operations and to expand SBIA’s government logistics operations,” it said.

The company added that it will monitor and evaluate airport fees to optimize SBMA’s returns under the revenue-sharing agreement, while supporting efforts to attract and manage both existing and new airport tenants.

This revenue-sharing scheme would be the determining factor if the proposed 25-year concession agreement were extended, PPP Center said.

Let me end this post by asking you readers: What is your reaction to this recent development? What is your opinion about the current state of the international airport inside the Subic Bay Freeport Zone? Do you think so much more can be achieved with the Subic Bay International Airport in terms of expanding flight connectivity, attracting more tourists from overseas and paving way for more foreign commerce to enter the freeport?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Muntinlupa City Government Teams Up With UP NOAH Center For City Drainage Strategy

Muntinlupa City Government Teams Up With UP NOAH Center For City Drainage Strategy

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Recently in the progressive City of Muntinlupa, the City Government formally teamed up with the University of the Philippines’ (UP) NOAH Center to develop the master plan for the city drainage, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

The Muntinlupa City government has tapped the University of the Philippines’ NOAH (Nationwide Operational Assessment of Hazards) Center to develop a drainage master plan.

Mayor Ruffy Biazon endorsed a proposed memorandum of agreement with UP NOAH Center to the Muntinlupa City Council for review and approval.

Biazon said partnering with UP NOAH Center is an important step to have a science-based and long-term solution to flooding in Muntinlupa.

The UP NOAH Center is a research and development center of UP specializing in disaster risk reduction and climate science.

It provides advanced hazard mapping, flood modeling, and risk assessment using scientific research and cutting-edge technology, and works closely with local governments to develop data-driven solutions that strengthen resilience against natural hazards.

The project covers the formulation of a comprehensive drainage master plan that will guide future infrastructure development and improve stormwater management in Muntinlupa.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you think the City Government made a wise move to have UP NOAH Center as its partner on developing the city drainage master plan? Do you hope there will be big improvements in the years to come?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

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ADB Says Philippine Economy Could Grow Around 6% In 2027

ADB Says Philippine Economy Could Grow Around 6% In 2027

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In its latest economic analysis, the Asian Development Bank (ADB) says that the economy of the Philippines could grow by about 6% in 2027 provided that investments – both public and private – would regain strength, according to a BusinessWorld news report.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE PHILIPPINE ECONOMY could return to around 6% growth by 2027 if public and private investments rebound, according to Asian Development Bank (ADB) Country Director for the Philippines Andrew Jeffries.  

“I think (the drivers are a) kind of a little of everything, but return to high investment, public and private, I think would be, to me, the key driver,” he told reporters on the sidelines of an event on Jan. 23.

Last December, the ADB slashed its Philippine gross domestic product (GDP) growth forecast to 5% for 2025, from 5.6% previously. For 2026, the ADB trimmed its GDP projection to 5.3% from 5.7% previously.

This comes after a corruption scandal dampened government spending, household consumption, investor confidence and economic activity last year.

The ADB will release its updated economic outlook in April, which will include a 2027 growth forecast.

Mr. Jeffries warned that the cut in Department of Public Works and Highways’ (DPWH) budget this year, could trigger a “big slowdown” in locally funded projects.

“I guess the main variable for 2026 was how fast does the public investment recover? We were thinking maybe two quarters, so it’ll start reviving,” he said.

In a meeting with Public Works Secretary Vivencio “Vince” B. Dizon in December, Mr. Jeffries said they raised concerns about “paralysis,” where key projects risked getting stuck.

“What we’ve heard is they’re trying to make sure the priority projects are not stuck and keep moving forward quickly. I think it’s a twofold exercise,” he said. “It’s cleaning up the problem while full steam ahead on some of the other projects that weren’t a problem.”

Mr. Dizon earlier said the DPWH aims to boost spending while ensuring funds are used wisely and focus on prioritizing the “basics” such as road and bridge maintenance and unfinished projects. The agency’s target spend is set between P200 billion and P250 billion for the first quarter, he added.

Meanwhile, Mr. Jeffries said the Philippines must raise the share of exports in the economy to support long-term growth, as well as diversify its base, and boost resilience.

“It’s not something that happens overnight. It’ll be a combination of policies and attracting investment and improving the business environment and all of those things combined,” Mr. Jeffries said. “But neighbors have done it and the Philippines can do that.”

He noted the Philippines was shielded from external shocks, largely because exports remain a relatively small part of the economy.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the ADB’s analysis for the Philippines is correct? Do you think the economy of the Philippines has enough strength to grow by at least 6% in 2027?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco