Today's Punto
Today's Punto
Feature Article
Toyota breaks ground in Subic Bay
By Malou Dungog

Feb 16, 2017

(SBMA administrator Wilma T. Eisma (center) joins Toyota Motors executives (from left) Jose B. Tan, president, Toyota Subic, Inc.; Kei Mizugushi, EVP, Toyota Motor Philippines, marketing division; Dr. David Go, chairman. Toyota Subic, Inc. and Carmelo Maria Bautista, president GT Capital Holdings, Inc and director of Toyota Subic, Inc, during the groundbreaking ceremony at the Subic Bay Gateway district in Subic Bay Freeport Zone. Photo by Malou Dungog)

SUBIC BAY FREEPORT – Toyota Subic Inc. (TSI) will start construction of its P150-million multi-level showroom and service center following the groundbreaking of its 10,000 square-meter facility in this premier freeport.

“If there is anything that we can help you even more, don’t hesitate. There are a lot of other business opportunities, and we hope to do more business with you.” Subic Bay Metropolitan Authority (SBMA) Administrator Wilma T. Eisma told TSI during the ceremony held Monday at the Subic Gateway District where the facility will soon rise.

For his part, TSI chairman Dr. David Go said he is confident that with SBMA as partner, their new endeavor in Subic will be able to sail progressively against any tide.

“Opening a new facility is always paved with many difficulties. Nothing really is ever easy at the start, even with a product with key competitive advantages of quality, affordability, and worry free ownership,” Go said.

“It is still backed up with required huge capital funding, strategic location, stateof-theart facilities, and exemplary employees,” he added.

TSI, a joint partnership between GT Capital Auto Dealership Holdings Inc. (GTCAD) and JBT Global Holdings Inc. together with its automotive subsidiary, Toyota Motor Philippines Corp., is expected to be fully operational on or before December of this year.

Jose B. Tan Jr., President of TSI said Toyota is the top selling brand for passenger and commercial vehicles in the country since 2002.

“Toyota holds 40 percent share of the Philippine market as of December 2016, with a unique and distinguished dealership personality that they enjoy exploring,” he said.

TSI Subic is the seventh dealership facility with the ongoing construction of the sixth dealership facility in the City of Tuguegarao.



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