SBMA eyes Subic as regional hub
The move would also spur the development of municipalities around the free-port, SBMA Administrator Armand Arreza said.
“Our big long-term goal would be to transform the greater
“It would also complement Clark Freeport in our common posturing as the new catalyst for growth in the Mega Luzon area,” said Arreza.
The plan has identified various development modules for government and private funding to include commercial areas in downtown Olongapo and Subic’s Gateway District; integrated resorts in Olongapo, Morong, Bataan and Subic, Zambales; industrial estates in Hermosa, Bataan and Castillejos, Zambales; and information technology (IT) parks at the Tipo area, also in Hermosa.
The plan also calls for development of an integrated port and logistics area, a medical city in Cubi, an education city, additional housing areas at the El Kabayo area and in Tipo, and a shipbuilding center at the
Arreza said the vision for
“These are the two ‘enablers’ that would help us deliver on our vision,” he stressed.
He said that E.O. 675, which extended
The SCTEP would have a “tremendous potential” because it would hasten the movement of goods and manpower in the area, he added.
“With this alliance between
At the same time, Arreza expressed confidence that the eco-urban development plan would be a viable project, given the SBMA’s success in generating more than $1 billion worth of investments per year since 2006.
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