By Mar Supnad
SUBIC BAY FREEPORT – A Chinese firm will develop a techno-industrial facility here which is expected to generate thousands of employment opportunities.
Hermosa, Bataan Mayor Jopet Inton on Friday joined Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma Eisma, CHMC Chairman and President Xiao Ping and Vice President Zhang Fei in a simple Memorandum of Agreement signing ceremony at the SBMA Administration Building Board Room.
SBMA PDO Manager Vicente Evidente Jr. witnessed the MOA signing.
Inton said the techno-industrial zone park will be built by CHMC at the Expanded Area of Subic Bay Freeport Zone.
“This will generate thousands of employment opportunities for our local communities and will provide greater economic activities,” Inton pointed out.
To accommodate more investors, then-President now Speaker, Gloria Macapagal-Arroyo issued Executive Order 675 in November 2007, thus authorizing the SBMA to declare areas outside the former US Naval Base as “additional secured areas” that may be operated as special economic and freeport zone under its supervision.
Established in 1980 as a subordinate to China National Machinery Industry Corporation (SINOMACH), CHMC contracts engineering projects and provides trade service, capital operation and technical solutions, including metallurgy, mines, transportation, building materials, power, hydraulics, environmental protection, chemistry, agricultural products storage and processing services, among others.
Certified by China’s Ministry of Commerce as an international project contractor and A – level equipment supervisor, CHMC sets up normative safety management systems on project quality, environmental protection and vocational health, all with authentication by ISO19001, ISO14001 and OHSSAS18001.
CHMC has offices in Myanmar, Vietnam, Cambodia, Tajikistan, Indonesia, Turkey, Thailand, Sri Lanka, Ethiopia, South Sudan, Kenya and Guinea.