1st phase of P15B ecopark in Subic completed by 2022
The Subic Bay Metropolitan Authority (SBMA) expects the first phase of the P15-billion Tipo High-tech Eco Park (THEP), a 209-hectare development at the freeport, to be finished by 2022.
SBMA chair and administrator Wilma T. Eisma said the 58.49-hectare Phase 1 area of the eco-friendly mixed-use project was now nearly 60 percent percent complete.
“This used to be an area for the SBMA’s social fencing program, wherein several families of upland farmers occupied grasslands in the Subic Bay Freeport Zone, planted them with crops and, in the process, helped prevent the incursion of illegal settlers,” she said.
“After this was designated as an expansion area for investments, the project developer had since compensated the upland farmers involved in the program to gain the right to develop the area,” Eisma said.
“Now some of the farmers or their family members are employed in the development project,” she added.
Eisma inspected the industrial eco-park on Wednesday with SBMA directors Maria Cecilia Bitare, Rolando Ampunin, Benasing Macarambon Jr., and Brian Patrick Gordon.
“Phase 1 already has 13 warehousing units, of which nine are ready for occupancy,” Eisma said.
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