SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority eyeing a joint venture with the Taipei BioInnovation Park (TBIP).
SBMA chairman and administrator Eduardo Jose L. Aliño was impressed with the TBIP’s biotechnology and biomedical facilities during his recent trip to Taipei, Taiwan.
“This visit to the Taipei BioInnovation Park was a truly unique learning experience for us. We proposed the expansion of SBDMC (Subic Bay Development and Management Corp., Inc.) business activities in Subic Bay Freeport to include biotechnology and biomedical activities,” said Aliño,
The SBMA chief added that the SBMA will ensure that the proposed expansion projects are aligned with the agency’s plans and projects.
“The proposed expansion plan should complement our mandate to promote the Subic Special Economic Zone as a self-sustaining, industrial, commercial, financial, and investment center and green port city by attracting and promoting productive foreign investments that will generate employment opportunities in and around the zone,” he said.
Aliño was joined by SBMA directors Ruel John Kabigting and Teodoro Del Rosario, and senior deputy administrator Ramon Agregado during his three-day visit to Taiwan, upon the invitation of Century Development Corp. (CDC).
Aside from the TBIP, the SBMA delegation also visited MOS Burger’s newly completed processing plant Pingtung Agricultural Biotechnology Park (PABP). The MOS Burger food processing plant is a joint venture between An-Shin Food Services Co. and MOS Food Services.
Located in Taiwan’s Pingtung County, the PABP is the only national agricultural biotechnology park in Taiwan and the only one in the world that established an agricultural high-tech industrial cluster.
The park has more than 110 agricultural enterprises of value-added natural products, aquaculture, livestock biotechnology, agricultural materials & facilities, technical services, inside its premises.
These companies are connected in series and have formed a huge industrial supply chain, creating a strong synergy effect in the global market.
According to SBDMC president Willy Wang, the invitation for the site visit was to provide the SBMA with a glimpse of Taiwan’s first BOT development project focusing on biotechnology industry, and to explore joint venture opportunities.
He added that the TBIP provides incubation space for emerging biotechnology, leading companies that integrate research and development, trial production, and business office functions.
CDC is a shareholder of the United Development Corp., a joint venture partner of the SBMA in the SBDMC, Inc., which has pioneered industrial park planning. It is also known for its successful development of the Nankang Software Park, one of the most advanced industrial parks in Taiwan.
