EISMAEvanston In-School Music Association (Illinois)
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The continuing growth, Eisma said, had resulted from the hard work of the agency to draw more investors despite stiff global competition for foreign direct investments.
In a statement, Eisma said the new airport facility is expected to boost SBMA's plan to make the Subic airport a 24/7 hub for business aviation.
"This is one proud moment for all Filipinos," Eisma said.
"We thank President Duterte for his decisive action that brought about a satisfactory conclusion to this sordid chapter in our history," Eisma said.
Eisma presents investment and business opportunities in the Subic Bay Freeport during the 2019 Philippine Business Forum in Taipei on March 26.
EISMA said this development could snowball into more business for the Subic airport, which once served as a 24-hour Asian hub of the global courier giant Federal Express until 2009.
Lawyer Wilma Eisma (center), head of the Subic Bay Metropolitan Authority (SBMA), meets with the mayors of communities that are adjacent to the Subic Bay Freeport to distribute their share from the revenues of the economic zone.
Eisma stated that some of these traders have issues with their working visas.
"While I cannot divulge right now the companies involved, to me, personally, there are two possible white knights who have come forward that are not Chinese companies," Eisma said.
Eisma said the revenue shares are given to augment LGU resources and 'enable stakeholder communities to carry out development projects in health, education, peace and order, and livelihood generation.'
Eisma has confirmed that the yacht is registered in Subic as Balena II.