Saturday, 19 April 2025, 2:20 pm

    BOC, SBMA Sign MOA to Boost Subic Trade and Customs

    The Bureau of Customs (BOC) and Subic Bay Metropolitan Authority (SBMA) signed a Memorandum of Agreement (MOA) on Thursday strengthening their partnership to streamline customs processes, encourage trade, and improve oversight within the Subic Bay Freeport Zone.

    The agreement, signed by BOC Commissioner Bienvenido Y. Rubio and SBMA Chairman Eduardo Jose L. Aliño, signifies a continued commitment to economic growth and efficient operations in the strategically important zone, formalizing BOC’s long-standing presence and role in revenue collection, trade facilitation, and border protection.

    This agreement grants the BOC a 25-year, rent-free tenure within the Freeport, affirming the vital role the agency plays. Commissioner Rubio highlighted the pact as a “powerful, resounding affirmation of the enduring, symbiotic partnership,” expressing confidence it will lead to increased trade volumes, attract new investments, and boost revenue collection vital for national projects.

    Under the MOA, the BOC commits to properly maintain its facilities, comply with environmental standards, and securely manage seized goods. In return, the SBMA will ensure access to properties essential for customs functions. This collaboration aims to enhance operational efficiency and border security.

    SBMA Chairman Aliño emphasized the shared goal of developing a new, modern Port of Subic building, stating it will “enhance services and provide greater convenience” for clients and stakeholders.

    District Collector Atty. Marlon Fritz B. Broto added that the revitalized partnership provides BOC with a “stable, predictable, and empowering framework” for long-term planning and implementing improvements.

    The agreement aligns with national goals to enhance government efficiency, deepen cooperation between agencies, and support sustained trade development within the Subic Special Economic and Freeport Zone.

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