Subic Bay International Terminal Corp., a unit of International Container Terminal Services Inc., lauded Subic May Metropolitan Authority for terminating the $200 accreditation fee for new logistic firms that will transact and do business at the Freeport. “We support and laud this SBMA initiative of waiving the Freeport’s accreditation fee. “On our end, we assure SBMA and the Subic logistics firms—existing, new and upcoming—of ICTSI’s brand of world-class operations and services at the New Container Terminals (NCT) 1 and 2, including our new container freight station (CFS) facility. You have an international trading gateway that has access to global markets,” Locsin said. The accreditation fee holiday is also in line with SBMA’s 10-point agenda that will further promote small and medium enterprises, including supply chain businesses, in the Freeport, and as SBMA’s contribution in the promotion of inclusive business.

Source: The Standard November 03, 2017 12:22 UTC