Sunday, May 21, 2006

Subic exports used vehicles to Thailand

(PNA) - Subic Bay Motors Corporation (SBMCV) has exported 181 used vehicles to Carlyna Trading Co. Ltd. of Bangkok, Thailand.

This consists of 129 units of Mitsubishi Pajero, 50 units of Toyota Hilux Surf and two units Toyota Landcruiser.

Carlyna Trading is the trading partner of Apple International Co. which distributes both brand new and used vehicles in the ASEAN (Association of Southeast Asian Nations) region and neighboring countries.

In a send-off ceremony held at Riviera Pier, Subic Freeport Zone, SBMCV General Manager Ben Perez unveiled his company's re-export program.

Perez stressed that since the government is bent on stopping the sale of used vehicles to the local market, SBMC plans to focus on the international market.

"Together with our new Japanese investors, we plan to form a new joint venture company to re-export reconditioned vehicles to countries like Thailand, Vietnam, Cambodia, Laos, Myanmar, Russia and other left-hand drive countries in the Middle East and Africa," he noted.

Perez said his company will leave it up to the Court to determine the legality of Executive Order 418 which imposes additional P500,000 specific tax on all imported used vehicles.

"In SBMCV, we shall continue with our business and cooperate with Subic Bay Metropolitan Authority (SBMA) to help stop illegal activities in the Freeport," he said.

"We hope that the SBMA Board of Directors will approve our investment proposal to register our new export company," he added.

Perez said with this new company, we can bring in more capital, widen our market and employ hundreds of workers who will be displaced by the closure of small retailers.

Monina Pineda, SBMA Sr. Deputy Administrator for Support Services who graced the occasion in behalf of SBMA Administrator Alfredo Antonio, said SBMC's exportation business is the kind of activity that SBMA supports.

"We are not here to stop the business on used motor vehicles but as part of the government, we abide by its rules and regulation. We acknowledge SBMC and encourage other traders to go on export business," Pineda said.

Last December 2004, SBMC exported 20 ports utility vehicles and pick-up trucks to Sudan in Africa.

Currently, 300 units are being reconditioned and about 1,000 units are expected to be imported in the coming months all for re-export after local value-added activities like steering conversion, mechanical repairs, tinsmith and repainting. (PNA)

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