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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.
The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines.
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.
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).
Own work; Based on: Subic Bay Metropolitan Authority (Slide 3) / Geodetic Engineers of Region 3, SBMA (Page 3) Author: Hariboneagle927, based from Hellerick's map (Philippines_location_map_(square).svg)
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 ...
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 ...
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 Philippines. The airport was known as the Naval Air Station Cubi Point, part of the Subic Naval Base of the United States Navy before its closure.