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This area is referred to as the Subic Bay Freeport Zone and out of this area 2,800 hectares (6,900 acres) is suitable for development, with the remaining portions consisting of high slopes, forests, or protected areas. In 2017, negotiations with local government units next to the Subic Bay Freeport Zone expanded the fenced area. [4]
Subic Bay is a bay on the west coast of the island of Luzon in the Philippines, about 100 kilometers (62 mi) northwest of Manila Bay.An extension of the South China Sea, its shores were formerly the site of a major United States Navy facility, U.S. Naval Base Subic Bay, now an industrial and commercial area known as the Subic Bay Freeport Zone under the Subic Bay Metropolitan Authority.
Subic Bay is part of Luzon Sea on the west coast of the island of Luzon in Zambales, Philippines, about 100 kilometers northwest of Manila Bay.Formerly the U.S. Naval Base Subic Bay, it is now the location the Subic Bay Freeport Zone (SBF) managed by the Subic Bay Metropolitan Authority (SBMA).
Clark Freeport Zone: Angeles City and Mabalacat, Pampanga, and Capas and Bamban, Tarlac: Luzon Clark Development Corporation (under Bases Conversion and Development Authority) CDC website: Subic Bay Freeport Zone: Olongapo and Subic, Zambales, and Hermosa and Morong, Bataan, Bataan: Luzon Subic Bay Metropolitan Authority: SBMA website: Poro ...
The Subic Bay Metropolitan Authority (SBMA; Filipino: Pangasiwaang Kalungsuran sa Look ng Subic [1]) is a governmental agency of the Philippines. [2] [3] The SBMA has played a significant part in the development of the Subic Special Economic and Freeport Zone into a self-sustainable area that promotes the industrial, commercial, investment, and financial areas of trade in the zone as well as ...
Poverty incidence of Subic 10 20 30 40 2006 7.90 2009 11.49 2012 11.69 2015 18.89 2018 10.25 2021 31.29 Source: Philippine Statistics Authority Subic Bay Metropolitan Authority (SBMA) Beach Part of the town of Subic are within the jurisdiction of the Subic Freeport Zone which is managed by the Subic Bay Metropolitan Authority. The revenue earned by the special economic zone is shared by seven ...
Subic Bay International Airport (IATA: SFS, ICAO: RPLB) serves as a secondary and diversion airport for Ninoy Aquino International Airport in Metro Manila and Clark International Airport in Pampanga. It also serves the immediate area of the Subic Bay Freeport Zone , the provinces of Bataan and Zambales , and the general area of Olongapo in the ...
Gordon complemented this with an aggressive advocacy campaign to convert the area into a protected area and industrial zone. Later, he launched an aggressive international investment promotion which resulted in the accelerating the development of a prime industrial and tourism zone in the country, the Subic Bay Freeport Zone (SBFZ). [37]