BOC signs MOA with SBMA, gets rent-free use

The Bureau of Customs (BOC) has signed a memorandum of agreement with the Subic Bay Metropolitan Authority (SBMA), granting rent-free use of facilities within the Subic Bay Freeport Zone for the next 25 years.

Under the agreement, the BOC will maintain its facilities and comply with environmental standards in exchange for free access to properties essential for customs functions.

Commissioner Bienvenido Y. Rubio emphasized that this partnership aims to enhance operational efficiency, border security, and economic growth within the Subic Special Economic and Freeport Zone.

SBMA Chairman Eduardo Jose L. Aliño highlighted the shared goal of building a modern Port of Subic facility to improve services for clients and stakeholders.

For the first quarter of 2025, the BOC confiscated nearly P26 billion worth of smuggled goods, marking a significant increase from last year's collections.

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