Article: BRIEFING - ASIA INFRASTRUCTURE - JULY 19, 2007.

An executive briefing on infrastructure for July 19, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

ARROYO OPENS 1ST PHASE OF US$215 MLN SUBIC BAY PORT PROJECT

SUBIC BAY FREEPORT ZONE - Four days before she delivers her 7th State of the Nation Address (SONA) on Monday, Philippine President Gloria Macapagal-Arroyo inaugurated today the New Container Terminal 1 (NCT-1), the first phase of the US$215 million Subic Bay Port Development Project (SBPDP).

"This new world-class container port will make the Subic Bay Freeport (Zone), together ...

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