Subic Bay Metropolitan Authority

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Subic Bay Metropolitan Authority
Kalakhang Pangasiwaan sa Look ng Subic
SBMA Official Logo (standard).svg
Official Logo
Bldg 229.jpg
Building 229 (Administration Building)
Agency overview
FormedNovember 24, 1992
JurisdictionThe Whole Area of Subic Bay Freeport Zone (Formerly, Subic Naval Base), partial area of Redondo Peninsula (including, Subic Hanjin Shipyard), and the coastal boundary of Subic Bay
HeadquartersBldg. 229, Waterfront Road, Central Business District, Subic Bay Freeport Zone, Olongapo City
14°49′02″N120°16′50″E / 14.81731°N 120.28068°E / 14.81731; 120.28068
Agency executive
  • Eduardo L. Aliño,
    Chairman & Administrator
Parent agency Office of the President of the Philippines
Website Subic Bay Metropolitan Authority Official Website

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 in the Philippines itself.

Contents

The area of jurisdiction of the SBMA includes the erstwhile U.S. Naval Base Subic Bay, parts of Redondo peninsula where the Subic Hanjin shipyard is located, and erstwhile US defence accommodations in the hills consisting of Binictican and Kalayan housing areas. [4]

The agency is currently headed by Eduardo L. Aliño as of January 22, 2024. His predecessor as Chairman and Administrator from 2023 to 2024 was former Pandan, Antique mayor Jonathan Tan.

History

On March 13, 1992, the Philippine Congress passed Republic Act 7227, known as the Bases Conversion and Development Act of 1992, in anticipation of the pullout of the US military bases in the country. Section 13 of Republic Act No. 7227 created the Subic Bay Metropolitan Authority (SBMA) to develop and manage the Freeport which provides tax and duty-free privileges and incentives to business locators in the special economic zone.[ citation needed ]

Richard Gordon, then the mayor of the City of Olongapo, became the first SBMA chairman.

Mayor Gordon with 8,000 volunteers took over the facility to preserve and protect US$8 billion worth of property and facilities when the last U.S. Navy helicopter carrier USS Belleau Wood sailed out of Subic Bay on November 24, 1992. They started the conversion of the military base into a freeport like Hong Kong and Singapore.[ citation needed ]

On its fourth anniversary on November 24, 1996, Subic Bay hosted the leaders of 18 economies during the Fourth Asia- Pacific Economic Cooperation (APEC) Leaders' Summit. By that time, the emerging investment haven had already successfully attracted companies such as Federal Express, Enron, Coastal Petroleum (now part of Kinder Morgan), Taiwan computer giant Acer and France telecoms company Thomson SA to establish operations in the freeport. [5]

Subic Bay Historical Center

The Authority opened a history center. [6] It has an exhibit about hell ships, and other recoveries in Subic Bay's maritime history. [7]

List of SBMA Chairman and Administrators

NameTermPosition
Richard J. Gordon 1992–1998Chairman and Administrator
Felicito C. Payumo 1998–2004Chairman and Administrator
Francisco H. Licuanan2004–2006Chairman/ Head of SBMA
Alfredo C. AntonioAdministrator/ Chief Executive Officer
Feliciano G. Salonga2006–2011Chairman/ Head of SBMA
Armand C. Arreza Administrator/ Chief Executive Officer
Roberto V. Garcia2011–2016Chairman and Administrator
Martin B. Diño 2016–September 2017Chairman/ Head of SBMA
Randy EscolangoOctober 2016–January 2017OIC Administrator/ Chief Executive Officer [8]
Wilma T. EismaJanuary 2017–March 2022Chairman and Administrator
Rolen C. Paulino Sr. March 2022–April 2023Chairman and Administrator
Jonathan D. Tan April 2023–January 2024Chairman and Administrator
Eduardo L. AliñoJanuary 2024–presentChairman and Administrator

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References

  1. ↑ "Mga Pangalan ng Tanggapan ng Pamahalaan sa Filipino" (PDF). Komisyon sa Wikang Filipino (in Filipino). 2013. Retrieved March 27, 2018.
  2. ↑ Authority, Subic Bay Metropolitan. "About Us". www.mysubicbay.com.ph.
  3. ↑ "Port of Subic Bay". World Port Source.
  4. ↑ "Official website of SBMA". SBMA official website. SBMA. Retrieved September 5, 2016.
  5. ↑ "Brief History". Subic Bay Metropolitan Authority. Retrieved November 25, 2016– via www.mysubicbay.com.ph.
  6. ↑ "Archived copy" (PDF). sbfcc.com. Archived from the original (PDF) on August 26, 2014. Retrieved January 14, 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ↑ "New Images February 2008". www.kevinhamdorfphotography.com. Archived from the original on December 25, 2008. Retrieved January 14, 2022.
  8. ↑ "Duterte appoints lawyer as SBMA OIC admin". The Standard. Retrieved November 8, 2016.
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