04/08/2026
A delegation of Thai business leaders, led by Thai Ambassador Makawadee Sumitmor, recently visited the Subic Bay Freeport to explore potential investment opportunities and discuss possible areas of collaboration with the Subic Bay Metropolitan Authority (SBMA). During the July 26 meeting, discussions focused on the Freeport’s role within the Luzon Economic Corridor (LEC)—an initiative connecting Subic, Clark, Manila, and Batangas to strengthen trade, logistics, and infrastructure.
According to SBMA, Thai companies are exploring opportunities in sectors such as energy, logistics, technology, digital innovation, and services. Representatives from the Thai Embassy and PTT Philippines Corp., a subsidiary of Thailand’s PTT Oil and Retail Business Public Company Limited and an existing locator in the Freeport, also participated in the visit. The delegation toured several facilities and locator companies to better understand the area’s business environment and identify potential investment sites.
If realized, future investments could further expand business activity within the Subic Bay Freeport and strengthen economic ties between the Philippines and Thailand. As of now, the visit marks an exploratory step, with discussions centered on identifying opportunities for future collaboration. (Business Inquirer)