SBMA sets bidding of container terminal

Subic Bay Metropolitan Authority has invited foreign port and terminal operators to bid for the operations of the 14-hectare New Container Terminal 2 at Subic Bay Freeport.

SBMA administrator Armand Arreza said the agency had scheduled the international bidding in October. The agency will award the contract for the port operations and cargo handling, among others, by the second quarter of 2008.