Agila Subic Strengthens Tenant Base Via Subcom’s New Facility In Subic Bay Shipyard

KUALA LUMPUR, Aug 17 (Bernama) -- Agila Subic Compass (Agila Subic) announced that SubCom, a global leader in subsea fibre optic cables, has entered into a multi-year lease at the Subic Bay shipyard for its new forward deployment centre.

“This partnership with SubCom adds a global leader in the digital infrastructure sector to our strong tenant base. SubCom’s subsea fibre optic network business will bring specialised knowledge and technology to the region, along with various other benefits.

“We are proud to be part of the Subic Bay community and support in driving economic activity locally,” said Agila Subic General Manager, Mark Millan in a statement.

Meanwhile, SubCom Vice President of Marine & Network Construction, Chris Carobene said the establishment of this new forward deployment centre in the Philippines is an exciting initiative for SubCom.

“The strategic expansion will enhance our global operational capabilities as well as strengthen our responsiveness to our customers’ needs,” he added.

This new partnership is aligned with Agila Subic’s long-term commitment to the revitalisation of the shipyard into a multi-use facility. The addition of SubCom expands the shipyard’s base of high-quality tenants across various industries, now including digital infrastructure.

Agila Subic’s tenants help to promote economic activity, drive job generation in the Subic Bay region, and support the local ecosystem in their respective sectors.

SubCom’s new facility at the shipyard will support its worldwide operations and serve as a logistical staging area for subsea cable projects, and the expansion will enable the company to better serve its global customers and increase the operational efficiency of its cable ship fleet.

Operated by Agila Subic, the shipyard in Subic Bay, the Philippines is a multi-use facility that supports shipbuilding, telecommunications, warehousing and logistics, partnering global organisations across diverse sectors and promotes exports, economic activity, investment and job creation in Subic Bay and surrounding region.

-- BERNAMA