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The Subic Bay Metropolitan Authority Port Operations Group recorded P1.023 billion in revenues from January to July 2025, up 4.8% from P976 million in the same period last year
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The positive performance was attributed to the increase in containerized and non-containerized shipments handled at Subic port, higher share in cargo-handling services, port operations and airport logistics management efficiency, and improvements in trade automation
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Subic port saw an 18% increase in importation of containerized cargoes of assorted food and agricultural products as well as a 2.6% growth in exports
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For full year 2025, SBMA forecasts a P1.75 billion revenue
The Subic Bay Metropolitan Authority (SBMA) Port Operations Group has recorded P1.023 billion in revenues from January to July 2025, up 4.8% from P976 million in the same period last year.
The positive performance was attributed to the increase in containerized and non-containerized shipments handled at Subic port, higher share in cargo-handling services, port operations and airport logistics management efficiency, and improvements in trade automation under the leadership of chairman and administrator Eduardo Jose Aliño, SBMA senior deputy administrator for port operations Ronnie Yambao said in a statement.
Yambao said there was an 18% increase in importation of containerized cargoes of assorted food and agricultural products as well as a 2.6% growth in exports.
The revenue increase was also due to payment of SBMA shares from joint venture partners, cargo- handling services, and miscellaneous tariff adjustments.
READ: Subic Bay Freeport Zone to host P4.135B logistics, transport hub
SBMA noted that cargo-handling services recorded an increase due to the surge of non-containerized cargo (dry bulk) such as rice, which was up by 437%, and timber, which grew 18%.
For full year 2025, SBMA forecasts a P1.75 billion revenue, higher by 2.77% from the P1.706 billion collected 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 Group has committed to generate P3 billion by 2030 and P10 billion by 2050, taking advantage of the government’s thrust to bolster high impact investments in the region through the Luzon Economic Corridor (LEC), which aims to accelerate critical infrastructure investment and drive economic transformation in the Philippines.
One such project under the LEC is the 123-mile Subic-Clark-Manila-Batangas Railway, which will link some of the key ports in the northern part of the country.
Moreover, SBMA noted that the government has already appropriated a P100 million budget to procure SBMA’s shore power connection facility, a project in line with SBMA’s program to make Subic Bay Freeport Zone the first carbon neutral economic zone in the country. – Roumina Pablo
READ: SBMA eyes early bidding for shore power connection facility
