The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2024, the Philippine economy is estimated to be at ₱26.55 trillion, making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes more involved with original construction, dockyards are sometimes more linked with maintenance and basing activities. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles.
Subic Bay International Airport serves as a secondary and diversion airport for Ninoy Aquino International Airport in Metro Manila and Clark International Airport in Pampanga. 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 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 relatively developed and fenced area is called the Subic Bay Freeport Zone (SBFZ).
Austal USA is an American shipbuilder based on Blakeley Island in Mobile, Alabama. It is a subsidiary of the Australian shipbuilder Austal, operating under a Special Security Arrangement which allows it to work independently and separately on some of the most sensitive United States defense programs despite its foreign ownership.
Garden Reach Shipbuilders & Engineers Ltd, abbreviated as GRSE, is one of India's leading shipyards, located in Kolkata. It builds and repairs commercial and naval vessels. GRSE also exports the ships that the company builds.
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 China State Shipbuilding Corporation (CSSC) is a Chinese shipbuilding conglomerate.
HJ Shipbuilding & Construction Company, Ltd., formerly Korea Shipbuilding & Engineering Corporation and Hanjin Heavy Industries & Construction Co. Ltd., is a South Korean-based multinational shipbuilding company, founded in 1937 as Chosun Heavy Industries Co., Ltd..
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. The Port is operated and managed by the Subic Bay Metropolitan Authority (SBMA).
The bilateral and diplomatic relations of the Republic of the Philippines and the United States of America has been historically strong. It is often described as a "special relationship," originating from the fact that the Philippines was a colony of the United States between 1898 and 1946. The former Philippine president Rodrigo Duterte, however, was supportive of a foreign policy that was less dependent on the United States, favoring one that prioritized closer relations with China and Russia, despite the Philippines and the U.S. having a mutual defense treaty dating from 1951 to the present. In 2014, the countries signed an enhanced defense cooperation agreement that began its first phase of implementation in 2019.
Austal Limited is an Australian-based global ship building company and defence prime contractor that specialises in the design, construction and support of defence and commercial vessels. Austal's product range includes naval vessels, high-speed ferries, and supply or crew transfer vessels for offshore windfarms and oil and gas platforms.
Hanjin Heavy Industries and Construction Philippines, also known as HHIC Phil, was a Philippines-based shipbuilding company established in February 2006 by Hanjin Heavy Industries and Construction of South Korea. In the same month, its first shipbuilding contract was signed for four container ships. In May 2006, the construction of a shipyard began on Redondo Peninsula, on the western edge of Subic Bay.
The Jose Rizal-class of multi-role guided missile frigates, currently in service with the Philippine Navy, are a heavily modified variant of the ROK Navy's Incheon-class frigates. The ships, which were built by Hyundai Heavy Industries (HHI), are specifically accommodated to fit the requirements of the Philippine Navy. The frigates will improve the ability of the Philippine Navy's Offshore Combat Force, which is mostly composed of ships that were retired from other countries and subsequently transferred to the Philippines.
The Subic Bay Space Center (SCC) also known as the Subic Bay Teleport is a ground station at the Subic Bay Free Port in Morong, Bataan, Philippines. It is currently operated by ABS.
The HDC-3100 Future Corvette is a class of corvettes being designed and built by Hyundai Heavy Industries (HHI) for the Philippine Navy.
The Wonhae class are a series of six offshore patrol vessels being built for the Philippine Navy by Hyundai Heavy Industries (HHI) at its Ulsan shipyard in South Korea. The last will be completed in 2028.
The HDP-2200 Future Offshore Patrol Vessel is a class of six (6) offshore patrol vessels designed and built by Hyundai Heavy Industries (HHI) for the Philippine Navy.
The Acero class is a ship class of nine patrol gunboats currently or incoming service with the Philippine Navy.
