U.S. companies eye investment opportunities in Subic, Luzon Economic Corridor

Representatives from approximately 50 U.S. companies have expressed strong interest in exploring investment opportunities within the Luzon Economic Corridor (LEC), with Subic Bay serving as a key destination for businesses seeking strategic opportunities in logistics and related industries.

The visiting delegation, led by Thomas R. Hardy, Deputy Director and Chief Operating Officer of the U.S. Trade and Development Agency (USTDA), took part in the Luzon Economic Corridor Investment Forum held at the Best Western Hotel, Subic Bay Freeport on September 11, 2026.

The delegation included not only American businesses but also representatives from international companies, development partners, and major financial institutions interested in exploring opportunities within the Subic Bay Freeport and the broader LEC region.

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño, together with other SBMA officials, welcomed the delegates and facilitated engagements with Freeport stakeholders, including representatives from the Subic Bay International Terminal Corporation (SBITC) and other investors.

The visit provided an opportunity for the participating companies to engage directly with Freeport stakeholders through business-to-business (B2B) discussions, address their inquiries, and gain a closer understanding of the investment opportunities available in Subic.

"As the host of the Subic leg of the LEC Investment Forum, this delegation has a unique opportunity to participate in meaningful B2B discussions, tour Subic Freeport, and explore avenues for deepening economic integration across the Luzon Economic Corridor,” Aliño said.

He encouraged the visiting companies to explore investment opportunities, identify potential areas for collaboration, and consider how their participation could contribute to the success of the LEC initiative.

Subic's strategic role in the Luzon Economic Corridor

Sponsored by the USTDA, the Subic leg of the investment forum highlights the Freeport's important role in the foundational tripartite partnership among the Philippines, the United States, and Japan that drives the LEC.

Since its establishment, the LEC partnership has expanded to include Australia, Canada, Denmark, France, Italy, South Korea, Sweden, and the United Kingdom, reflecting growing international interest in the corridor and its potential to support investment, connectivity, and economic growth.

For Subic Bay, the expanding partnership presents an opportunity to further leverage its strategic location and established infrastructure as a gateway for international trade and investment.

“This is excellent news for Subic Bay as a critical western maritime gateway and strategic logistics hub, connecting major centers such as Clark, Manila, and Batangas,” Aliño said.

He added that the growing interest underscores SBMA's commitment to advancing infrastructure, enhancing supply chain resilience, and attracting technology investments within the corridor.

Strengthening investment connections

The presence of the U.S. and international business delegation in Subic also underscores the importance of direct engagement between investors and Freeport stakeholders.

Through the B2B discussions and the opportunity to tour the Subic Bay Freeport, prospective investors were able to explore potential business opportunities and gain firsthand insight into the Freeport's role within the broader Luzon Economic Corridor.

For SBMA, such engagements are an important part of building stronger connections between the Freeport and international investors, while positioning Subic Bay as a strategic location for businesses seeking opportunities in logistics, infrastructure, technology, and other industries supported by the LEC.

As the Luzon Economic Corridor continues to attract growing interest from international partners, Subic Bay is positioning itself at the western end of the corridor as a strategic maritime gateway and logistics hub—ready to welcome new investments and forge stronger economic partnerships with the global business community. (SNL)

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US Support for Subic Port Expansion Strengthens Luzon Economic Corridor

Manila - Subic Bay Freeport is poised to play an even greater role in the development of the Luzon Economic Corridor (LEC), as the United States announced support for the improvement of its key port facilities during the recent LEC Investment Forum in Taguig City.

The U.S. Trade and Development Agency (USTDA) announced that its support will help expand berth and dry-dock capacity for ship repairs in Subic Bay, reinforcing the Freeport’s position as a strategic maritime and logistics hub within the Luzon Economic Corridor.

The announcement was made by USTDA head Thomas Hardy during the investment forum on September 10, 2026, which brought together more than 600 investors, industry leaders, and government officials to promote private-sector investment and commercial partnerships across transportation, energy, digital infrastructure, and advanced manufacturing.

“These activities represent very different sectors, but they share a common purpose: attracting investment into high-quality infrastructure projects while creating opportunities for trusted partners and technologies to contribute to the Philippines' growth,” Hardy said.

Strengthening Subic’s maritime capabilities

The planned expansion of berth and dry-dock capacity is particularly significant for the Subic Bay Freeport, where ship repair and maritime services form an important part of the area's industrial and logistics ecosystem.

Additional capacity for ship repair can help position Subic to accommodate more vessels and larger-scale maritime activities, while supporting the development of related industries and services within the Freeport.

For the Subic Bay Metropolitan Authority (SBMA), the USTDA announcement further highlights the strategic importance of Subic Bay in strengthening the country's maritime infrastructure and supply chains.

The development also aligns closely with the objectives of the Luzon Economic Corridor, a partnership among the Philippines, the United States, and Japan aimed at accelerating investments that improve connectivity, strengthen supply chains, create jobs, and support long-term economic growth.

The corridor stretches from Subic Bay and Clark through Manila to Batangas, encompassing a region that accounts for approximately half of the country's gross domestic product.

Subic at the heart of the Luzon Economic Corridor

Subic's strategic location and established port infrastructure make it a natural component of the LEC's transportation and logistics network.

Its location on the western side of Luzon provides an important gateway for international maritime trade, while its proximity to Clark and its connections to major road networks create opportunities for more integrated movement of goods, services, and investments across the corridor.

The USTDA support comes alongside other initiatives announced during the investment forum, including a nationwide pilot of artificial intelligence-enhanced public Wi-Fi access points.

Hardy also disclosed that the USTDA is nearing completion of its final report for a proposed nickel-cobalt processing facility in the Philippines. A USTDA-financed feasibility study for the Subic-Clark-Batangas-Manila railway is likewise nearing completion and is expected to be submitted to the Department of Transportation.

“These are designed to have tangible impacts on both economic growth for the country and job creation here in the country, and doing it in a way that more closely ties the United States and the Philippines together,” Hardy said.

Building stronger partnerships

The LEC Investment Forum provided a platform for the Philippines, the United States, Japan, and private-sector investors to advance projects aimed at improving the country's infrastructure and strengthening its position in regional supply chains.

U.S. Ambassador to the Philippines Lee Lipton, who led the U.S. delegation, described the forum as a demonstration of the United States' commitment to creating new opportunities for American companies and advancing shared prosperity.

“The United States is all-in on the Luzon Economic Corridor because it’s good for the Philippines and good for America. It means more investment, stronger supply chains, and high-quality jobs in both our countries,” Lipton said.

The Philippines and the United States also signed the USD 60-million Philippines Energy Threshold Program through the Millennium Challenge Corporation during the event. The grant, approved in July, will support energy-sector reforms and the modernization of the Energy Regulatory Commission.

For Subic Bay, the USTDA's support for expanded maritime capacity represents another important step toward realizing the Freeport's potential within the broader Luzon Economic Corridor.

As investments in transportation, logistics, energy, digital infrastructure, and advanced manufacturing continue to converge across Luzon, Subic Bay stands at a strategic point where these initiatives can translate into stronger connectivity, more resilient supply chains, greater investment, and quality jobs for Filipinos. (SNL)

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Jinboway Breaks Ground on P573-M Expansion in Subic Bay Freeport

Philippines Jinboway Technology Ltd. Corporation (Jinboway) broke ground on September 3, 2026, marking the start of its P573-million expansion project at the Subic Bay Gateway Park. The expansion will add four new “smart” manufacturing facilities, which are expected to be completed within three years and generate approximately 1,000 additional jobs.

Jinboway Chief Executive Officer (CEO) Vicky Wei led the groundbreaking ceremony, with Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño serving as guest of honor.

“Today’s groundbreaking is more than the rise of four new buildings; it is a reaffirmation that Subic Bay Freeport remains a top destination for serious investors committed to the future,” Aliño said.

Aliño also highlighted Jinboway’s significant growth since establishing its operations in the Freeport in 2019.

“Jinboway began modestly in 2019 with a 5,580-square-meter facility, built on the simple decision to trust this Freeport with real capital and real commitment. That trust has since grown into something far larger: an operation that today employs thousands of Filipino workers, and an expansion now backed by a five-million-dollar investment across four new buildings,” he said.

The four new facilities will manufacture a wide range of products, including sports and athletic goods; outdoor and waterproof bags; textile and garment products; hardware assemblies such as outdoor chairs; and electronic devices, including car chargers, smartphone wall chargers, massage chairs, and foot massagers.

The new facilities will likewise support the importation, transshipment, trading, and exportation of these products to international markets, further strengthening the Subic Bay Freeport’s role as a manufacturing and logistics hub.

Wei underscored the company’s remarkable expansion in the Freeport, noting that Jinboway has grown from operating in a rented space to establishing a large-scale manufacturing operation employing more than 3,400 workers.

“From starting in a rented space just a few years ago, we have expanded to a large factory employing more than 3,400 workers. This development signals that Subic Freeport is an ideal location for Jinbo, and Jinbo is a valued contributor to the Subic Economic Zone. We are committed to producing high-quality products and proving that the confidence placed in us is well founded,” Wei said.

Since establishing its operations in the Subic Bay Freeport Zone in 2019, Philippines Jinboway Technology Ltd. Corporation has grown into a major manufacturer of high-end outdoor products, including cut-and-sew soft bags and welded goods.

The company currently occupies a total subleased area of 28,234.19 square meters and employs more than 3,400 workers, representing substantial growth from its original 5,580-square-meter facility.

Officials who attended the ceremony included SBMA Directors Joseph Khonghun and Ruel John Kabigting, Senior Deputy Administrator Renato Lee III, Chief of Staff Von Rodriguez, and Department Manager Karen Magno, as well as representatives from Jinboway and the Subic Bay Development and Management Corporation.

The latest expansion underscores the continued confidence of investors in the Subic Bay Freeport and its growing capacity to support high-value manufacturing, international trade, and employment generation in the region. (MPD-SBMA)

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SBMA Authorizes SBITC to Collect Wharfage Fees at Port of Subic

The Subic Bay Metropolitan Authority (SBMA) and the Subic Bay International Terminal Corporation (SBITC) have formalized an agreement authorizing SBITC to collect wharfage fees on behalf of SBMA from port clients.

SBMA Chairman and Administrator Eduardo Jose L. Aliño and SBITC Head of Management Services and Government Affairs Henry Dungca signed the Memorandum of Agreement (MOA) on July 29, 2026, at SBMA’s Building 662. The partnership aims to streamline payment processes through SBITC’s online payment platforms.

Aliño emphasized the benefits of the new system, stating, “This arrangement will minimize face-to-face interactions, eliminate the need for clients to travel to SBMA’s cashier, and reduce waiting times for fee processing. Ultimately, it simplifies doing business at the Port of Subic.”

He added, “The MOA strengthens our public-private collaboration, securing essential revenue to sustain port operations, infrastructure, and future investments. It also reinforces Subic Bay’s status as a top logistics hub. It boosts investor confidence as we advance plans for the Luzon Economic Corridor, integrating Subic, Clark, Manila, and Batangas into a seamless trade gateway.”

Dungca highlighted the operational impact, saying, “SBITC will collect wharfage fees on behalf of SBMA and ensure transparent, accountable remittances. This partnership goes beyond payment collection; it enhances service speed, simplifies procedures, and improves the overall experience for all port users.”

SBMA oversees the regulatory framework within the Subic Bay Freeport Zone, while SBITC, a subsidiary of International Container Terminal Services, Inc. (ICTSI), manages the New Container Terminals (NCT-1 and NCT-2). Last October, SBMA granted SBITC a 25-year concession extension, allowing them to operate the terminals through 2058.

This initiative aligns with SBMA’s adoption of a payment collection system similar to that implemented by the Philippine Ports Authority (PPA), in which port operators collect fees on the government’s behalf. (MPD-SBMA) 

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Subic Bay Freeport bags “Destination of the Year Award”

Living up to its reputation as the “go-to” destination for athletes and sports organizers, this premier Freeport bagged the “Destination of the Year Award” for 2025 during the 7th Philippine Sports Tourism Awards held at the Manila Marriott Hotel in Metro Manila on August 24, 2026. 

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño received the award along with SBMA Tourism Department Manager Mary Jamelle Camba and Division Chief Raquel J. Delos Reyes.

“We have carried forward what our predecessors have built upon, and we will ensure that Subic Bay Freeport remains the top destination in sports tourism in the country. Our goal right now for the SBMA is to further push the boundaries of sports tourism in Subic Freeport,” Aliño said.

In 2025, Subic Bay hosted major international and local sports tourism events anchored by major triathlons and running races. This included the Century Tuna IRONMAN 70.3 Subic Bay, held from June 12 to 15, 2025, which drew over 1,000 international and local athletes.

Philippine Sports Tourism Alliance (PSTA) President and Founder Charles Lim, Philippine Sports Commission (PSC) Chairman Pato Gregorio, and Department of Tourism (DOT) Undersecretary Shalimar Tamano presented the award to Aliño and the SBMA officials. 

“This win belongs to our entire community—our partner organizers, stakeholders, athletes, and spectators who bring unstoppable energy to Subic Bay time and time again!” SBMA Tourism Manager Camba said. 

Other winners during the 7th Philippine Sports Tourism Awards were City of Puerto Princesa as the “Emerging Destination of the Year;” New Clark City as the “Venue of the Year;” Sports Tourism Forum - SMX Clark as the “MICE Event of the Year;” and Cynthia Lagdameo Carrion as “Sports Tourism Personality of the Year.”

Meanwhile, STA President Lim said, “A massive thank you to our key partners, guests, and sponsors for making this milestone event a resounding success: the Philippine Sports Commission, Sports Turismo Alliance, Manila Marriott Hotel, NUSTAR Resort, Universal Robina Corporation, and Clark Development Corporation President & CEO Atty. Agnes VST Devanadera.”

“Congratulations to all the awardees! Your vision, passion, and commitment continue to elevate the Philippines as a world-class sports tourism hub. Here’s to shaping the future of Philippine sports and travel together!” he added.

Sports tourism is a rapidly growing industry in the Philippines, driven by government initiatives, world-class hosting events, and diverse regional destinations. 

Subic Bay is the top award-winning sports tourism hub in the Philippines, famous for hosting major endurance, water, and track events, including the Century Tuna Ironman 70.3, Chairman's Cup Regatta, and Beach Pro Tour Future Volleyball. (MPD-SBMA)

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SBMA Port Operations revenue grows 8% in H1 2026 amid global economic headwinds

The Subic Bay Metropolitan Authority (SBMA) disclosed a robust 8% increase in consolidated gross revenue from its Port Operations Group, reaching Php 874 million in the first half of 2026, compared to Php 806 million in the same period last year.

This growth was propelled by stronger earnings in the Seaport and Trade Facilitation and Compliance Department (TFCD), despite ongoing global economic challenges.

SBMA Deputy Administrator III for Operations Group, Ronnie Yambao, attributed the positive performance to strategic initiatives that balanced growth with stakeholder support. “We successfully navigated a complex global environment while implementing discount measures totaling approximately Php 81 million. These were aligned with Executive Order No. 110 of President Ferdinand R. Marcos, Jr., aimed at mitigating disruptions caused by the fuel supply crisis linked to the Middle East conflict,” Yambao explained.

Breaking down the revenue contributions for H1 2026:

• The Seaport Department continued to be the primary revenue driver, contributing 78% of the consolidated gross income with Php 683 million—marking a 10% increase year-on-year. This growth was largely fueled by an 18% rise in non-containerized cargo, particularly bulk and break-bulk shipments, which surged 24%. 

• Subic Bay International Airport accounted for 14% of the revenue, registering a slight 3% decrease due to lower leasing activities and reduced military logistics operations.

• SBMA's Trade Facilitation and Compliance Department recorded an impressive 17% revenue increase, boosted by the newly implemented Registration Certificate (RC) Policy, which introduced additional fees on trucks, heavy equipment, and regulated goods. 

The notable increase in non-containerized cargo was further supported by an 88% surge in rice imports. This import growth was driven by proactive government measures to secure rice stocks ahead of the anticipated El Niño weather phenomenon.

The Department of Agriculture (DA) emphasized the critical importance of maintaining sufficient rice inventories in response to potential climate-related production impacts.

SBMA Chairman and Administrator Eduardo Jose Aliño highlighted the Agency’s resilience and adaptability amid a challenging environment. “Our first-half results underscore the strength and flexibility of the Port Operations Group. We remain committed to not only sustaining growth but also delivering impactful measures to mitigate external disruptions, in line with the President’s directives,” Aliño said.

The SBMA continues to strengthen its role as a key logistics and supply chain hub, supporting the nation’s economic stability and growth despite global uncertainties. (MPD-SBMA)

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SBMA achieves ISO 45001 certification from DQS

The Subic Bay Metropolitan Authority (SBMA) has further solidified its commitment to excellence and workplace safety by earning the prestigious ISO 45001:2018 certification from DQS Philippines.

The official awarding ceremony took place on Monday morning, August 3, 2026, at the SBMA corporate boardroom, Building 662. Presenting the certification was DQS Philippines Managing Director Romeo Zamora.

SBMA Chairman and Administrator Eduardo Jose L. Aliño expressed pride and resolve in accepting the certification. “I stand proud of all of you for this achievement. Securing another ISO certificate is more than an institutional milestone—it is a sincere public service commitment. This recognition is for the people; undertake it with dedication and heart,” Aliño said.

He emphasized the importance of not only obtaining certifications but also upholding the standards conscientiously. “The true value lies in implementing these standards earnestly and consistently—not only for the agency but for our country, our locators, workers, and the community we serve.”

The ISO 45001:2018 certification establishes a robust Occupational Health and Safety Management System (OHSMS) that enables organizations to identify and mitigate workplace risks, prevent injuries, and enhance overall safety.

SBMA has previously received ISO 9001:2018 certification for Quality Management Systems and ISO 14001:2018 for Environmental Management Systems from DQS Philippines, underscoring its comprehensive compliance with international standards.

Romeo Zamora acknowledged the enduring partnership between the SBMA and DQS Philippines, highlighting their joint commitment to continuous improvement. 

“It is an honor to support the SBMA in achieving certification across QMS, EMS, and OHSMS. We look forward to further fostering this partnership to support effective management system implementation,” Zamora said.

Operating as the local representative of the German-based DQS Group, DQS Philippines brings an extensive global network spanning 60 countries to its certification services.

SBMA Total Quality Management Office (TQMO) Lead Auditor Lolita Bondoc announced that the SBMA is the first Freeport authority in the Philippines to secure three key ISO certifications. The agency is also preparing to integrate these management systems into a unified framework by 2028.

In recognition of the pivotal role of internal auditors, the agency honored personnel responsible for maintaining rigorous internal audit programs that ensure compliance and readiness for third-party evaluations.

Chairman Aliño concluded, “For government employees, adhering to these standards is essential. I salute the dedicated men and women whose efforts made this achievement possible.” (30)

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Potential investments expected in Subic Freeport following visit of Thai biz delegation

A delegation of Thai business leaders, led by Her Excellency Makawadee Sumitmor, Ambassador of the Kingdom of Thailand to the Philippines, recently visited Subic Bay Freeport (SBF) to explore promising investment opportunities in this strategic economic zone.

The delegation was warmly received by Eduardo Jose L. Aliño, Chairman and Administrator of the Subic Bay Metropolitan Authority (SBMA), who highlighted the region's strategic location within the Luzon Economic Corridor (LEC) and its potential as a hub for trade and industry.

On 26 July 2026, at the Subic Bay Exhibition and Convention Center (SBECC), members of the Thai business delegation met with SBMA’s Business and Investment Group (BIG) officers to discuss avenues for collaboration and potential investments in the SBF.

Ambassador Sumitmor emphasized the strong investment potential for Thai companies in sectors such as energy, logistics, technology, digital innovation, and various service industries. Representatives from the Thai embassy, the delegation, and PTT Philippines Corporation expressed optimism about future partnerships.

The delegation also toured key facilities and businesses within the Freeport, identifying strategic areas for investment in the LEC. PTT Philippines Corporation, a leading oil and energy company and a wholly owned subsidiary of Thailand’s PTT Oil and Retail Business Public Company Limited (PTT OR), serves as a strong foundation for expanding Thai ventures within the region.

The Subic Bay Freeport Zone plays a crucial role as a western maritime gateway in the Luzon Economic Corridor, linking major economic centers including Subic, Clark, Manila, and Batangas. The LEC initiative aims to enhance infrastructure and logistics, fostering greater connectivity through substantial planned investments.

Thailand is actively pursuing opportunities in trade, logistics, and manufacturing within the Philippines’ LEC. The relative proximity of Subic Bay to Thailand, accessible by sea within three to four days, offers significant logistical advantages for Thai businesses seeking regional expansion.

Current Thai investments, exemplified by PTT Philippines, set the stage for expanded engagement across the corridor’s energy and freeport sectors, signaling growing bilateral economic cooperation. (30)

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HD Hyundai launches first Subic-built ship, marks return of large-scale shipbuilding

South Korean shipbuilding giant HD Hyundai Heavy Industries Philippines (HHIP) has launched its first vessel built in Subic, marking a major milestone in the revival of large-scale shipbuilding at the former Hanjin shipyard.

The Orion Jade, a 115,000-ton crude oil and product tanker, was launched on July 28 at the Agila Subic Shipyard in Redondo Peninsula, less than a year after HD Hyundai formally began shipbuilding operations at the sprawling facility.

Measuring 250 meters long, 42 meters wide and 21 meters deep, the vessel is the first ship fully constructed by HHIP at the Subic facility and signals the Korean shipbuilder's push to establish Subic as a major manufacturing base in Southeast Asia.

The vessel is also the first of four ships ordered by an Asia-based shipping company, with construction of the program beginning following the steel-cutting ceremony in September 2025.

HHIP President Im Dae Jun described the launch as a historic milestone for the company as it ramps up operations at the Subic shipyard.

The launching was witnessed by Finance Secretary Frederick D. Go, Republic of Korea Ambassador Lee Sang-hwa, Subic Bay Metropolitan Authority Chairman and Administrator Eduardo Jose L. Aliño, Customs Commissioner Ariel F. Nepomuceno, Botolan Mayor Jun Omar Ebdane and Olongapo City Mayor Rolen Paulino Jr., among other government and industry officials.

Go said the completion of the Orion Jade demonstrated how foreign investment commitments could translate into actual industrial projects, jobs and expanded manufacturing capability.

“The Orion Jade launch is a testament to our commitment to delivering projects that create quality jobs, enhance industrial capacity, and generate meaningful economic opportunities for Filipinos,” Go said.

Aliño, meanwhile, said the project reflected growing investor confidence in the Subic Bay Freeport and cited incentives provided under the CREATE MORE Law, or Republic Act No. 12066, as among the factors helping attract major investments.

The launch also represents a significant turnaround for the massive Subic shipbuilding facility, which is now being brought back into large-scale vessel production under HD Hyundai.

At the heart of the facility is a 550-meter dry dock, the largest in the Philippines, which will enable HHIP to build at least 10 ships annually beginning next year, according to SBMA.

Korean Ambassador Lee said the Filipino-built vessel also symbolized the expanding maritime and industrial partnership between South Korea and the Philippines.

“Maritime cooperation between our countries continues to grow, further strengthening mutual trust and sharing a promising future,” Lee said.

The project has already generated around 4,000 jobs, with HHIP planning to further expand its workforce as shipbuilding operations increase. The company has also partnered with the Technical Education and Skills Development Authority to develop training programs aimed at supplying skilled workers for the growing shipyard operations.

The Orion Jade's completion places Subic once again on the map of large-scale commercial shipbuilding, years after shipbuilding operations at the former Hanjin facility ceased.

For Subic, the launch marks not simply the completion of another vessel, but the return of an industry that had once made the Freeport one of the country's major shipbuilding centers. (SNL)

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US Pledges Over $100 Million for Subic Bay Infrastructure Upgrades

The United States has committed to delivering more than $100 million in new foreign assistance to upgrade infrastructure in Subic Bay, following a meeting between President Ferdinand Marcos Jr. and Secretary of State Marco Rubio in Manila on July 22.

The commitment was disclosed by U.S. State Department Spokesperson Tommy Pigott. The funding, to be pursued in coordination with the U.S. Congress, is intended to advance logistics and energy projects in Subic as part of the broader Luzon Economic Corridor, a trilateral infrastructure initiative involving the United States, Japan and the Philippines that links Subic Bay, Clark, Manila and Batangas.

A State Department fact sheet released in connection with Rubio's broader Southeast Asia trip specified that the funding will support upgrades to port facilities in Subic and a fuel storage terminal with a capacity exceeding 120 million liters.

The Subic pledge was raised in the same meeting in which Rubio and Marcos discussed the Philippines' expanding role in Pax Silica, a U.S.-led initiative to build secure semiconductor and artificial intelligence supply chains among allied nations. 

According to the State Department, the two leaders also discussed the Philippines hosting Pax Silica's first Economic Security Zone, an AI and advanced manufacturing hub planned for New Clark City in Capas, Tarlac, separate from the Subic infrastructure funding.

The Port of Subic was recently identified as the logistics gateway for the Pax Silica initiative, positioning the Subic Bay Freeport to support the supply chain network the program is intended to build among participating countries.

The Subic funding announcement was made in the context of the corridor's upcoming inaugural Luzon Economic Corridor Investment Forum, scheduled for September, which the State Department readout said was also discussed during the meeting.

The State Department readout also noted that Rubio and Marcos discussed freedom of navigation and overflight in the South China Sea, the tenth anniversary of the 2016 Arbitral Award, and a five-year Health Strategic Objective Agreement between the two countries. (SNL)

Source: U.S. Department of State, Office of the Spokesperson (readouts and fact sheet, July 2026).

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SBMA releases ₱218-M revenue shares to contiguous LGUs

The Subic Bay Metropolitan Authority (SBMA) released a total of ₱218,115,671.26 in revenue shares to eight local government units (LGUs) contiguous to this premier freeport zone.

 

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that this amount released on Tuesday, July 21, 2026, represents the revenue shares for the first semester of 2026, which is 10.24 percent higher than that of last year’s comparative period. 

 

The recipient LGUs are Olongapo City, the municipalities of Subic, San Marcelino, Castillejos, and San Antonio in Zambales, and the towns of Dinalupihan, Hermosa, and Morong in Bataan.

 

Taking into account the population and land area, Olongapo was allocated the largest amount of ₱50,420,165.72, received by Olongapo City Mayor Atty. Rolen Paulino, Jr.

This was followed by Subic, Zambales, which received ₱32,871,521.46, accepted on behalf of Mayor Jonathan John Khonghun.

 

The remaining LGUs received their allocations as follows: Dinalupihan, Bataan, with ₱27,438,313.68, accepted on behalf of Mayor German Santos, Jr.; San Marcelino, Zambales, with ₱26,272,445.97, received by Mayor Elvis Soria; Hermosa, Bataan, with ₱23,422,520.27, accepted on behalf of Mayor Atty. Anne Adorable-Inton; Castillejos, Zambales, with ₱19,817,470.23, received on behalf of Mayor Jeffrey Khonghun; Morong, Bataan, with ₱19,340,287.10, received on behalf of Mayor Leila Linao-Muñoz; and San Antonio, Zambales, with ₱18,532,946.83, received by Mayor Dr. Arvin Antipolo.

The LGU shares are sourced from five percent corporate taxes paid by business locators in the Subic Bay Freeport. They are distributed among LGUs based on population (50%), land area (25%), and equal sharing (25%).

OIC-Deputy Administrator for Finance Editha Marzal, along with the finance team, led the distribution of the LGU shares.

 

Marzal noted that the net shares distributed to the LGUs include not only the current collection period’s allocations but also the 10 percent retention withheld during the first semester of the 2024 distribution.

 

According to Republic Act No. 9400, which amends RA 7227 or the Bases Conversion and Development Act of 1992, the SBMA is mandated to allocate two percent out of the five percent of gross income earned to LGU shares. (MPD-SBMA)

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Subic Bay Named Preferred Maritime Gateway for Pax Silica Initiative

 

Subic Bay is set to play a central role in one of the region's biggest emerging supply-chain projects. 

The Subic Bay Metropolitan Authority (SBMA) and the Bases Conversion and Development Authority (BCDA) have agreed to make the Port of Subic the preferred maritime gateway for Pax Silica, a US-led coalition working to secure global supply chains for artificial intelligence and semiconductors.

The Agreement

The partnership was sealed on July 20, 2026, when SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President and CEO Joshua M. Bingcang signed a Memorandum of Understanding at the Bonifacio Technology Center in BGC, Taguig City.

For SBMA, the designation is a significant vote of confidence. Aliño called it a "crowning recognition" of the port's potential role within the Luzon Economic Corridor 

The SBMA Chairman noted that Subic Bay's deep-water port and shipyard facilities are built to move raw materials like nickel and copper efficiently, while also shuttling processed tech goods to and from the AI-native Economic Security Zone (ESZ) in New Clark City.

Bingcang echoed that outlook, describing the port as a strategic linchpin — one that can bring raw materials into the country and move finished products out to customers just as efficiently. 

He tied the partnership to the Marcos administration's broader push for a whole-of-government approach to infrastructure and investment, framing it as a way to strengthen the Luzon Economic Corridor by knitting together ports, industrial hubs, and emerging tech ecosystems — and, in turn, generate jobs and long-term opportunities for Filipinos.

Also on hand for the signing were SBMA Senior Deputy Administrator for Operations Ronnie Yambao and BCDA Senior Vice President for Legal Services Atty. Diana Joyce N. Basco-Galera.

What Happens Next

The MOU sets a substantial amount of groundwork in motion. SBMA will need to identify and evaluate land and port areas under its jurisdiction that could support Pax Silica operations, while also assessing the infrastructure, utilities, logistics, and port support the initiative will require.

Beyond that, both agencies plan to look at land-use compatibility and traffic connectivity with their existing and planned development blueprints, and to share non-confidential information to help coordinate infrastructure planning. 

Market sounding, logistics demand analysis, and potential development phasing are also on the agenda, along with exploring possible cooperation models or future project structures — all within the bounds of existing laws and policy.

The Bigger Picture: What Is Pax Silica?

Pax Silica launched in December 2025 as a US-led strategic coalition aimed at shoring up global supply chains for AI and semiconductor technology. 

With more than 30 partner nations involved, the initiative is largely framed as a counterweight to China's dominance in tech manufacturing and rare earth minerals — and Subic Bay's new role gives the Philippines a direct stake in that effort. (SNL)

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