7 new investors sign with SBDMC
The Manila Economic and Cultural Office (MECO) over the weekend said that seven new Taiwanese companies has pledge to locate in Subic Bay Freeport.
MECO identified the new investors as Bidderford Subic Inc., screw-manufacturer Cano Subic Corp., electronics assembler Misung Subic Bay Inc., industrial bolts, nuts and screw-maker Subic Advance Screw Inc. transhipper and warehouser Subic 999 Trading Corp., plastic shopping bag supplier Richway Plastics and office stationery maker Tapu Corp.
The investors according to MECO are mostly in the medical-equipment maker.
The new investor has singed a lease agreement with the Subic Bay Development and Management Corp. (SBDMC), which is the developer of the Subic Bay Gateway Park.
Jeff Lin, SBDMC president, said the free trade agreement (FTA) between China and the Association of Southeast Asian Nations (Asean), implementation of which started this year, would make Subic more attractive to Taiwanese investors.
“This shows the unwavering confidence of Taiwanese investors in the Philippines as a prime investment site, despite stiff competition offered by other Asian countries for Taiwanese producers seeking cheaper labor and land costs,” Antonio Basilio, MECO.
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for tapu corp. sir are you accepting applicant for you company and were is the location of the said company
thank you