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In June 2002, the Subic Bay Marine Exploratorium (SBME), the parent company of Ocean Adventure, secured a 75-year lease with the Subic Bay Metropolitan Authority (SBMA) over Ilanin Bay's shoreline and waters, including Miracle Beach which increased the area of the Ocean Adventure marine park from 13 acres (5.3 ha) to 27 acres (11 ha). [1]
The Subic Special Economic and Freeport Zone, often shortened as Subic Bay or Subic, is a special economic zone and freeport area covering portions of the city of Olongapo and the town of Subic in Zambales, and the towns of Hermosa and Morong in Bataan in the Philippines. [3][4] The relatively developed and fenced area is called the Subic Bay ...
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.
Naval Base Subic Bay was a major ship-repair, supply, and rest and recreation facility of the Spanish Navy and subsequently the United States Navy located in Zambales, Philippines. The base was 262 square miles (680 km 2), about the size of Singapore. [1] The Navy Exchange had the largest volume of sales of any exchange in the world, and the ...
Port of Subic Bay. The Port of Subic Bay is in the Subic Bay Freeport Zone, the former U.S. Naval Base Subic Bay, on Subic Bay in the Philippines. It is one of the busiest, largest, historical and most important of ports in the Philippines. [citation needed] The Port is operated and managed by the Subic Bay Metropolitan Authority (SBMA).
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 ...