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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