Officials of the Authority of the Freeport Area of Bataan (AFAB) and the Subic Bay Multi-Purpose Cooperative (SBMPC) joined together to officially break ground on the construction of the first Mini Stop branch in the FAB.
The Mini Stop franchise, which will be built and managed by the SBMPC, is an additional to the influx of new businesses that are set to be established in the freeport.
“This establishment of the Mini Stop is a welcomed development. The FAB and the SBMPC are collaborating to create new jobs for the residents of Mariveles,” AFAB Chairman and Administrator Deogracias G.P. Custodio said.
Meanwhile, SBMPC President Armila Alviz thanked the AFAB for supporting the project, assuring Chairman Custodio that the new business will not just benefit the members of SBMPC but also the AFAB due to the new investment created.
The Php3-million commercial building of the Mini Stop is expected to be completed by January next year.
The FAB is the emerging fashion manufacturing hub of the Philippines as it possesses a budding cluster of companies producing high-end brands of garments, apparel, shoes and accessories, like bags, jewelries, among others. Its vision is to be the Freeport of choice in the country by 2020, becoming a center of trade, innovation and sustainable development in Asia and promoting work-life balance, global competitiveness and environmental protection.