SUBIC BAY FREEPORT — “The former United States Naval Base played a pivotal role in the relationship between the Philippines and the US such that a rich cultural history between the two countries is deeply ingrained in the Subic Bay Freeport.”
The statement was made by Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Rolen C. Paulino during the visit of US Ambassador to the Philippines MaryKay L. Carlson at the Subic Bay Freeport (SBF) on November 9 for an ocular inspection of the area. Carlson cited that Subic Bay, being once a former US naval base, is a sterling testament to the long history of partnership between the United States and the Philippines. The US official also added that the SBF has been a favorite go-to area for US retirees, with many expats spending the rest of their lives here.
Paulino said the Subic special economic zone is a viable option due to its logistical advantage and hardworking people as the United States is currently eyeing to relocate some of its companies to the Philippines.
He disclosed that there are almost 170,000 employees working in various companies inside the SBF, adding that there are 47 American locators that have chosen to build their equities here, mostly due to English-speaking employees accounting for ease of communication resulting in a better, more efficient and effective workforce and higher productivity. (SBMA MEDIA PRODUCTION DEPARTMENT)