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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Subic Bay Marks 10 Years of the South China Sea Arbitral Award with a Fleet-Wide Water Salute

Subic Bay was the scene of a striking maritime tribute on Sunday, July 12, as the Subic Bay Metropolitan Authority (SBMA) took part in the national commemoration of the 10th anniversary of the 2016 South China Sea Arbitral Award. 

Twenty-eight vessels gathered in the bay for a coordinated water salute, joining similar observances happening across the country.

The tribute unfolded at 10:00 a.m. in front of the SBMA Administration Building. Six tugboats took center stage, spraying arcs of water into the air in a synchronized display, while all 28 participating vessels sounded their horns together in a shared moment of tribute to the landmark ruling.

The fleet itself told its own story of cooperation: eight Philippine Navy vessels, two United States Navy ships, three MARINA-accredited vessels, a squadron of tugboats, and a handful of commercial cargo ships that opted in voluntarily to stand in solidarity with the observance.

Answering a National Call

According to SBMA Senior Deputy Administrator for Operations Ronnie Yambao, the event came together after the Presidential Office for Maritime Concerns called on agencies nationwide to take part. Once SBMA received the directive, its Seaport Department moved quickly, reaching out to maritime stakeholders and partners to pull together the day's roster of vessels.

Yambao described the salute as a gesture of remembrance and respect — a way for SBMA to stand with the rest of the country in honoring a ruling that has shaped the Philippines' maritime story. He credited the Seaport team's coordination for bringing so many vessels together on short notice.

A Statement Beyond Symbolism

For SBMA, the participation carried weight beyond ceremony. As a government-owned and controlled corporation and one of the country's leading port authorities, the agency framed its involvement as a demonstration of support for national efforts to uphold international maritime law.

That message was echoed from the top: SBMA Chairman and Administrator Eduardo Jose L. Aliño pointed to the importance of respecting the rules-based international order, framing the day as a reaffirmation of the Philippines' commitment to the peaceful, lawful use of its maritime territory.

Part of a Bigger Picture

Subic Bay's water salute was one piece of a broader nationwide commemoration marking a decade since the arbitral ruling affirmed the Philippines' maritime entitlements under international law. 

Beyond the spectacle of tugboats and horns, the day underscored something less visible but arguably more important: the ongoing cooperation between government agencies, the maritime industry, and international partners in defending peace, stability, and the rule of law in Philippine waters. (SNL)

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Subic Poised for Major Gains as U.S.-PH Launch Historic Economic Security Zone

The Subic Bay Freeport Zone is expected to emerge as one of the major beneficiaries of a newly announced U.S.-Philippines initiative to establish a 4,000-acre Economic Security Zone in Luzon, a landmark project aimed at strengthening supply chains and attracting advanced industries.

The plan, announced by the U.S. Department of State, seeks to build a strategic industrial hub that will support semiconductors, electronics, critical minerals, and other key manufacturing sectors while reducing dependence on vulnerable global supply routes.

For the Subic Bay Metropolitan Authority (SBMA), the development could open fresh opportunities for investments, trade expansion, and industrial growth as companies look for reliable production and logistics bases in the region.

With its deep-water seaport, international-standard infrastructure, and investor-friendly environment, Subic is widely seen as a natural logistics gateway that can support the movement of goods linked to the new zone.

Industry observers note that Subic’s strategic location in Central Luzon, along with its direct access to major shipping lanes and proximity to Clark, gives it a strong advantage as global manufacturers diversify operations across trusted partner countries.

The initiative forms part of the broader Luzon Economic Corridor, where the Philippines, United States, and Japan are increasing cooperation on infrastructure, connectivity, and economic resilience.

Analysts say this could translate into greater demand in Subic for warehousing, transport services, electronics assembly, cold-chain facilities, and export-oriented manufacturing.

For SBMA, the announcement also strengthens the case for continued modernization of port facilities, road networks, utilities, and digital systems to capture new waves of investment.

As global companies continue reshaping supply chains toward security and efficiency, Subic Bay is once again positioned to play a leading role in the Philippines’ next chapter of industrial and economic growth. (SNL)

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Subic Bay Reclaims Status as Premier Cruise Destination with Arrival of MS Crystal Symphony

Subic Bay officially signaled its return to the global cruise map as the MS Crystal Symphony docked early morning on March 14, bringing 550 international tourists to the freeport.

The arrival marks the first cruise visit of the year, effectively reviving Subic’s position as a major maritime stop in Southeast Asia.

Upon arrival, passengers were greeted with a traditional cultural welcome before departing on a fleet of tour buses for excursions across Subic’s shopping hubs and attractions, with two additional buses bound for Clark Freeport in Pampanga.

SBMA Chairman and Administrator Eduardo Jose Aliño highlighted the agency’s ambitious vision for the industry.

“Subic is positioning itself to become a premier cruise turnaround hub in Southeast Asia,” Aliño stated, noting that a P10.2-billion dedicated cruise ship terminal is currently in the planning stages.

The MS Crystal Symphony’s visit is a highlight of its 58-day voyage from Mombasa, Kenya, to Tokyo, Japan. Before arriving in Subic, the vessel made stops in Puerto Princesa, Coron, Boracay, and Manila.

This visit marks the start of a busy season for the freeport. Upcoming arrivals include: 

March 26: MS Adora Mediterranea (3,592 passengers)

March 30: MS Amadea (916 passengers)

April 6 & 16: MV Piano Land (2,722 passengers and crew)

Oct 25: Costa Serena, a frequent visitor to the bay.

Since the launch of cruise tourism in 2018, the SBMA has hosted 37 liners and nearly 50,000 passengers, generating approximately P173 million in tourism receipts for Central Luzon before the 2020 pandemic pause. (SNL)

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Filipino Shipmates monument inaugurated in Subic Bay Freeport

The Filipino Shipmates monument, located along Waterfront Road, Subic Bay Freeport Zone (SBFZ), was inaugurated on January 14, 2026. 

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño recognized the United States Sailors Alliance of the Philippines (USSAP) for paving the way for the construction of a commemorative monument of Filipino-American naval history and friendship, as well as the strong bond between them. 

“Here in Subic Bay, a place rich in maritime history, it is fitting that we honor their contributions. Subic has long been a bridge connecting our two nations, and today, this monument shows the strengthening of this bond even further. It tells future generations that Filipinos played an essential role in safeguarding peace and freedom across the seas,” he said.

Led by the USSAP, the monument was built to symbolize the dedication of Filipino sailors who were recruited by the United States between 1901 and 1991 in the Philippines.

According to the USSAP, over 35,000 Filipinos were recruited through centers like the US naval bases at Subic Bay and Sangley Point during this period, leaving a significant legacy of service. 

The USSAP has been instrumental in preserving and recognizing this history, including the funding and presentation of a Filipino Shipmate statue to honor these sailors in Olongapo City.

Olongapo City Mayor Atty. Rolen Paulino Jr., Bases Conversion and Development Authority (BCDA) Director Rolen Paulino, officials from the USSAP, and the US Embassy in the Philippines were present during the unveiling and ribbon-cutting ceremony.

The USSAP is strongly committed to celebrating the deep history and contributions of US-Filipino sailors, especially in Subic Bay, Olongapo, where many were recruited, honoring significant personalities such as Medal of Honor recipient Telesforo Trinidad, and recognizing Filipino contributions to U.S. maritime forces.

The Filipino Shipmate monument memorializes their services. (MPD-SBMA) 

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Subic Freeport, Hermosa to be interlinked in proposed Subic-Clark-Manila-Batangas Railway Project

Subic Bay Freeport, along with Hermosa, Bataan, is being considered for interlinkage with the proposed Subic-Clark-Manila-Batangas (SCMB) Railway Project.  

In a meeting at the Subic Bay Metropolitan Authority (SBMA) corporate boardroom early this month, the SCMB Technical Working Group met with key officials from the Department of Transportation (DOTR) and The Cadmus Group, as well as Hermosa Mayor Anne Adorable-Inton.

SBMA Senior Deputy Administrator for Port Operations Ronnie Yambao said that the meeting focused on the creation of an eight-kilometre access road spanning from Hermosa to Subic Freeport’s Naval Supply Depot through two bridges. The access road would cost ₱ 1.8 billion.

The group also discussed the protection of the rights of Indigenous Peoples (IP) communities and their compensation packages. They also reviewed the logistics terminal between Hermosa and SBFZ, as well as trade volume, port statistics, and the alignment of the logistics roadmap and bypass road from SBFZ to Hermosa.

The SCMB Railway Project is a planned 250-kilometre freight railway project connecting four major economic hubs in Luzon, intending to decongest Manila's port and improve logistics. 

The project is in the development stage, with a feasibility study being jointly undertaken by the United States, Sweden, and the Asian Development Bank, with technical assistance being provided by the US Trade and Development Agency.

The said SCMB Railway Project will link the Port of Subic, Clark International Airport, the Port of Manila, and the Port of Batangas, primarily aiming to serve as a freight cargo railway to ease congestion at the Port of Manila by ensuring the timely movement of products.

The said project is part of the broader Luzon Economic Corridor Initiative, and is intended to drive investment and economic growth. (MPD-SBMA)

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“Subic has great potential for int’l films” – Dir. Alabado, DOT IV-B

The country’s premier Freeport was affirmed “almost Hollywood-ready” during the 1st Sustainable Tourism Appreciation and Recognition (STAR) Awards night last September 11, 2025.

Department of Tourism Director Roberto Alabado III of the Office of Film and Sports Tourism and concurrent Region IV-B Director said that film production is not just about the beauty of the location. It also entails amenities and facilities that go with it.

 

“Subic has almost everything that is needed by a film production. Region 3 has a very big potential for Hollywood films, K-pop and soon Bollywood, which is a much bigger industry,” Alabado said during his inspirational speech.

 

He added that his office recently facilitated the filming of an A-list movie showcasing the sights and sounds, culture and destinations of the Philippines, which will have its premiere in Hollywood next year.

 

He emphasized that the film has the power to entice people to travel and see the film location in reality.

 

Meanwhile, eight tourism stakeholders in Central Luzon were recognized for their sustainable practices that are geared toward a greener future.

 

“The honorees we celebrate tonight have embraced the challenge of balancing development with responsibility, and progress with preservation. They are the trailblazers who remind us that sustainability is truly pragmatic, where decisions made on the ground, partnerships built with care, and actions that ripple across generations,” said Dr. Richard Daenos, Department of Tourism-Region 3 Director.

 

SBMA Tourism Department manager Mary Jamelle Camba shared that the 1st Sustainable Tourism Appreciation and Recognition (STAR) awards was created to celebrate and honor outstanding tourism establishments, organizations, and destinations in Central Luzon that are leading the way in sustainability.

 

Sustainable Sanctuary award celebrates recreation, health and wellness facilities that integrate eco-friendly operations, resource management and mindful guest experiences, and was awarded to ACEA Subic Beach Resort.

 

Salt of Sustainability award honors food and beverage establishments that elevate dining through sustainable practices by sourcing local, organic and ethically produced ingredients. These culinary leaders remind us that what we eat not only nourishes our bodies, but also sustain our farmers, our communities and our planet. The award was given to The Nest by the Sea of Subic Bay Freeport Zone.

 

Bridges of Change award recognizes tourism establishments whose corporate social responsibility programs create lasting positive impacts for local communities. These change-makers prove that empowering people build stronger, more resilient and more meaningful tourism for all. The award was given to The Lighthouse Marina Resort of Subic Bay Freeport Zone.

 

Resilient Destination award honors destinations and establishments that lead the way in climate resilience, disaster preparedness and risk reduction. These proactive leaders ensure the safety of visitors and communities, protect natural and cultural treasures, and keep tourism thriving despite challenges. The award was given to Municipal Tourism Office-LGU Guimba, Nueva Ecija.

 

Path to Purpose award honors tourism establishments that have overcome challenges, embraced innovations, and made remarkable progress in adopting responsible practices. Their stories remind us that the world of sustainability is not always easy, but it is always worthwhile. And it paves the way for others to follow. The award was given to Emerald Manor Hotel of Subic Bay Freeport Zone.

 

Green Stay Excellence award honors hotels, resorts, and lodging facilities that showcase outstanding commitment to environmental sustainability. These leaders have integrated green practices into their operations, proving that comfort and care for the environment can go hand in hand. The award was given to Mimosa Cityscapes, Inc. of Clark Freeport Zone.

 

Community-based Tourism Legacy award honors establishments that engage and empower local communities through inclusive and sustainable tourism initiatives. These trailblazers uplift their host communities while delivering meaningful visitor experiences, ensuring tourism benefits both people and places. The award was given to Balangay Apuy Community Tourguides of Malolos, Bulacan.

 

Green Tourism Champion award, the pinnacle recognition of the STAR awards, honors a tourism establishment that demonstrates exceptional leadership, innovation and unwavering commitment to sustainable tourism practices. These champions not only integrate sustainability into their operations, they also influence entire communities and industries to embrace a greener, more responsible future. The award was given to Pulong Kabyawan Agricultural Farm of Pulilan, Bulacan.

 

“From protecting natural sanctuaries, celebrating culture, and empowering communities, to driving innovation, resilience and excellence in tourism services, these categories honor the full spectrum of what it means to be a sustainable tourism champion,” Camba said. (MPD-SBMA) 

 

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Missing fisherman returned to family by SBMA, PCG

A rescued fisherman aboard cargo vessel MV Shin Line 10 was turned over to the Subic Bay Metropolitan Authority (SBMA) and the Philippine Coast Guard (PCG) on Saturday. 

According to a report from the PCG, the 52-year-old fisherman from Brgy Petal, Dasol, Pangasinan, who was later identified as Rodolfo Montes, was picked up by MV Shin Line 10, a cargo ship that was en route to Subic Bay Freeport. 

Information disclosed by the SBMA Law Enforcement Department revealed that Montes was declared missing since July 24, 2025, after their boat capsized due to bad weather conditions. 

Cargo vessel MV Shin Line 10 responded to the distress call from the PCG and rescued Montes amid the powerful wind waves of Lingayen Gulf at around 6:45pm on July 25, 2025.

Montes was given immediate medical attention by the SBMA Public Health and Safety Department (PHSD) and was thereafter turned over to his son and Barangay officials of Petal. 

The group then departed for Dasol, Pangasinan after the patient was given clearance to travel by the PHSD. (MPD-SBMA)

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PBBM bullish on expanded, more modern seaport, airport for SBMA in 2028

Before President Ferdinand Marcos, Jr. reaches the maximum tenure of his term in 2028, the Subic Bay Metropolitan Authority (SBMA) expects a significant upgrade in its seaport and airport facilities with an ultimate goal of modernizing infrastructure, boosting economic activity and solidifying Subic Bay’s position as a major gateway for trade and tourism. 

This is in line with the Philippine Development Plan 2023-2028 of the Marcos administration. The Plan states that existing airports will be improved and new ones will be strategically developed to address future demand. 

The BBM infrastructure program for 2023 to 2028 presently includes 198 high impact infrastructure flagship projects (IFPs) with an overall investment cost of P8.8 trillion. 

“This premier Freeport is set to boost the country’s economic corridor by developing both its seaport and airport,” said SBMA Chairman and Administrator Eduardo Jose L. Aliño. 

The airport and seaport expansion and modernization projects in Subic Freeport will cost an estimated Php28.18 billion. 

These projects are expected to boost port capacity, increase competitiveness, and generate more revenue. Aliño said that these infrastructure projects support the Luzon Economic Corridor (LEC) Development initiative of Pres. Marcos’ administration, to be completed by 2028. 

Aliño also disclosed that the first project, a Multipurpose Port Terminal (MPT) at the Lower Marine Amphibious Unit (MAU), will include a 570-meter wharf, with a depth of 12.9 meters. It will have a back-up area of 17.2 hectares for warehouses and open storage areas. 

“This project will provide an additional capacity of 2.5 million metric tons bulk cargoes. As one of the identified projects under Public Investment Program of the National Economic Development Authority (NEDA), the project will spur economic growth through the additional berthing facility,” he said. 

The second MPT will be at the Redondo Peninsula, which hosted the former Hanjin shipbuilding facility. It will have a 600-meter wharf, with a depth of 14 meters, and a back-up area of 30 hectares for warehouses, open storage, offices and support facilities. 

The project will increase the port capacity with additional 3 million metric tons cargoes. This is one of the identified projects under Public Investment Program of the NEDA, with a project cost of P11-billion. 

“The high percentage of domestic and international commerce is by sea, therefore, the efficiency of maritime transportation has become increasingly essential to national competitiveness,” Aliño cited. 

The SBMA also plans to construct a Cruise Passenger Terminal area with a project cost of P1.2 billion for phase 1, and P8.96 billion for Phase 2. The facility will have a double berth 380 meter pier with a depth of 12 meters, along with the reclamation of 20 hectares for Phase 2. 

“International and local cruise operations will greatly benefit the local and national economies, with increased employment opportunities, revenue from port fees and dues, and increased tourism spending. This is vital to the National Cruise Tourism Program of the Marcos Jr. administration,” the official shared. 

Also in the pipeline is the proposed improvement of existing buildings and the construction of new facilities inside the Subic Bay International Airport (SBIA) with a project cost of P7.02-billion. 

To modernize ports and allied industries and to decongest passenger traffic in Metro Manila, the Marcos administration will also undertake the improvement of the SBIA to be able to accommodate 6 million passengers annually. 

 

A new hotel and parking facility within the airport complex that will promote the use of the SBIA and further boost the tourism sector in the Subic Bay Freeport is also in the offing. 

“The project is currently under study and will cost around P4.3 billion,” Aliño said. “Locators, port users and prospective investors will also benefit from upgraded and modernized airport facilities, with increased SBIA efficiency, capacity and revenue generation. With these improvements, the SBMA will have additional revenue generating facilities with the rise of a world-class airport hotel and multilevel carpark,” he added. 

“Now for the Subic Bay International Airport (SBIA) to achieve its maximum potential, we are planning to expand the SBIA by upgrading and modernizing its facilities. Once in place, we are confident to increase both the handling and revenue generating capacity of the airport,” the chairman said. 

The feasibility study on the proposed SBIA Expansion Project will include the extension of the runway from 2,745 meters to 3,300 meters in length, expanded aprons, relocated CAAP-ATC tower, and a new passenger terminal building. 

The projects are expected to improve and provide a more efficient client and passenger accommodation. The improved and expanded airport is expected to generate a conservative revenue of P12.5 billion annually. 

“This should significantly align to the objectives of the Luzon Economic Corridor,” Aliño said. 

The Subic Bay Freeport has some 1,900 businesses with more than 162 thousand workers and residents in three housing areas. 

SBMA Senior Deputy Administrator (SDA) for Port Operations Ronnie Yambao said Subic Bay Freeport has three important pillars in enhancing its capacity and operational efficiency: first is automation to make cargo movement seamless and transactions faster and more efficient; second is investment in infrastructure like port rehabilitation, the Vessel Traffic Management System or VTMS, and the acquisition of equipment; and third is by expanding the SBMA’s network thru trade missions and creating partnerships with different ports to increase trade and commerce. 

 

"Subic Bay Freeport is the only Freeport in the Philippines that has a complete logistics infrastructure in one location that is managed by the SBMA. It has an airport, and a seaport with a modern container terminal, and piers that can accommodate different types of cargo, to be connected to the Luzon Economic Corridor by a railway in the near future,” he said. 

Subic Bay is also a tourist and cruise ship destination. Currently, the SBMA is developing a facility to be used as a home port for cruise ships. A home port is a port where a cruise ship will take on or change over the majority of its passengers, while taking on stocks, fuel and supplies. 

The Marcos administration, under its PDP, also plans to connect cargo and freight rail infrastructure to strategic infrastructure such as ports. Railway development for cargo and freight will be prioritized, particularly for long-distance deliveries. 

Meanwhile, truck routes will be established to service medium- and short-distance deliveries. Dry ports and other inland cargo terminals will be connected by freight rail to ease the movement of goods to or from the ports. (Radyo Pilipinas)

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SBMA's 32nd anniversary highlights opening of the upgraded Magsaysay Bridge

The Subic Bay Metropolitan Authority (SBMA) on Thursday, (November 21) formally opened the newly-completed Magsaysay Bridge, a vital connection between the Subic Bay Freeport Zone and Olongapo City.

The inauguration and blessing of the new Magsaysay Bridge was led by SBMA Chairman and Administrator Eduardo Jose L. Aliño, former Senator and SBMA founding Chairman Richard J. Gordon and former SBMA Chairmen Roberto V. Garcia and Rolen C. Paulino, along with SBMA's Board of Directors and local government officials led by Olongapo City Mayor Atty. Rolen Paulino, Jr.

The 72.5-meter multi-span bridge, which replaced the original structure that served the area during the era of the US Navy at the Subic Naval Base, cost P500 million and was realized after Mr. Gordon secured the funding during his second term as senator. 

The opening of the Magsaysay Bridge is the high point of SBMA's 32nd anniversary celebrations. 

It was on November 24, 1992 that the last U.S. Navy helicopter carrier USS Belleau Wood sailed out of Subic Bay, prompting the start of the the conversion of the former military base into a Freeport and Special Economic Zone through Republic Act No. 7227.

Since then, the SBMA has successfully attracted numerous investments, leading to increased job opportunities and enhanced quality of life for its stakeholders.

The anniversary celebration kicked off with a wreath-laying ceremony at the Volunteers’ Shrine in honor of the 8,000 volunteers who took over the facility to preserve and protect the US$8 Billion worth of property left by the Americans during the years of the Subic Bay Freeport Zone.



This was followed by a motorcade of SBMA vehicles adorned with red and blue balloons from the Volunteers’ Shrine to Administration Bldg. 229, as well as the formal signing of a Memorandum of Understanding (MOU) between the SBMA and the Inter-Agency Task Force for Maritime Incidents and Emergency Response (IATF – MIER).

The IATF-MIER consists of the Philippine National Police Maritime Group, the Philippine Coastguard, Bureau of Customs, and the National Mapping and Resource Information or NAMRIA.

The MOU aims to establish effective procedures and action plans to aid in identifying potential emergencies, provide guidelines for preparedness and response, propose mitigation efforts to minimize environmental impact, and highlight necessary system reviews to ensure the protection of life and property within our navigational waters.

The SBMA likewise signed a Memorandum of Understanding for the donation of security equipment from the United States Embassy.

Day 2 of the Anniversary activities consisted of the fun run that was largely participated in by SBMA officials and employees, while wrapping the festivities off with a special event for seniors in the afternoon. (SNL)

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