Subic Bay International Terminal Corp. said it is ready to accommodate the surge in imports and exports this holiday season as it expects a significant increase cargo volume handling.
“The country’s appetite for imported goods is typically highlighted during the Christmas holiday up until Chinese New Year. With a healthy GDP [gross domestic product] outlook, we can expect this trend to remain a key driver in container volume growth in the months to come,” SBITC said.
SBITC, the container port operator of Subic Freeport Area, cargo volume posted continuous growth for 13 straight months since 2017.
“Recently, we have confirmed further investments in port equipment and systems to continuously outpace market growth. This allows the terminal to remain healthy from a utilization standpoint which we continue to deliver to our customers both at the quay and our gates,” the company said.
Goods that pass through Subic Freeport include shipments of agricultural equipment, grains and fertilizers, electronic parts and general department store merchandise for North and Central Luzon businesses, particularly in Pampanga and Bulacan.
SBITC said it could accommodate shipments initially destined for Manila ports amid the influx of holiday cargoes this season.