SUBIC BAY FREEPORT, Philippines – The Subic Bay Metropolitan Authority (SBMA) has processed the business application of more than 400 local and international companies wishing to locate at the Ayala Harbor Point mall here by conducting a one-day, one-stop business processing designed to fast-track the accreditation of the new business locators.

“This is a first time in SBMA that we have put together all permit-issuing SBMA departments in a business processing event to simplify the process,” SBMA Chairman Roberto Garcia said.

“We hope that we could encourage more merchants to invest here when they see how easy it is for businesses to set up shop in Subic,” Garcia added.

The one-stop registration process was introduced after an “unprecedented volume” of non-Subic Bay Freeport (SBF) enterprise firms signified intention to sub-lease commercial spaces at the Harbor Point Mall, which is now under construction at the central business district of this free port.