LISTED port operator International Container Terminal Services, Inc. (ICTSI) said on Monday that its Subic unit was licensed by the Department of Agriculture as a port of discharge for imported livestock and raw materials.
Agriculture Undersecretary Ernesto S. Gonzales signed the endorsement, citing the position of Subic Bay International Terminal Corp. in “ensuring unimpeded exchange in livestock and feed milling,” the corporation said in an e-mailed message.
The endorsement, ICTSI said, is also seen as a “encouragement” for importers to use the port to make feeds accessible for farmers.
The use of the Subic container port may potentially result in lower market prices for meat products, especially in the greater Manila and nearby provinces, it noted.
“Given the policies of the current administration to promote inexpensive and accessible food for the Filipino citizens, market companies should be able to exploit competitive services and have access where Filipino customers want goods,” said Mr. Gonzales’ letter of endorsement.
Subic Container Port “allows deliberate attempts to render purchases more seamless and favorable to business end users, helping to minimize the cost of livestock processing and reducing the pressure on customers,” ICTSI said.
Roberto R. Locsin, Managing Director of the Terminal, said: “We provide reduced port fees and up to 10 days of free storage for our partners.”
“It allows companies and manufacturers to prepare for transport and distribution to their desired target without the expense of unnecessary costs, making us the perfect port of choice,” he said.