SBMA eyes new opportunities for growth in Subic amid pandemic
The Subic Bay Metropolitan Authority is eyeing different avenues to grow despite the pandemic by making use of the evolving local and global economic situation.
SBMA chair and administrator Wilma Eisma said that while there were many challenges, there were still opportunities to take advantage of during the pandemic.
“We will capitalize on opportunities under the new normal and find new ways to handle new problems,” she said in a Punto Central Luzon report.
“While we foresee more difficulties ahead, as it appears Covid-19 won’t be eradicated anytime soon, our development program for Subic Freeport is intact, operational, and we are moving on,” Eisma was quoted as saying.
The SBMA chief identified challenges facing Subic, such as the continuing Covid-19 pandemic and the proposed cancellation of the Visiting Forces Agreement that may adversely SBMA revenue.
But Eisma said the SBMA would face the challenges squarely.
“If we can’t change the direction of the wind, we can always adjust our sails to favor the ship and continue with our journey. Chance always favors those who are prepared,” she said.
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