Administered and managed by the Subic Bay Metropolitan Authority
ROBERTO V. GARCIA Chairman and Administrator History 2 S U B I C B A Y F R E E P O R T Z O N E Built in 1885 as a Spanish naval station Served as a US naval base from 1898 to 1992 Transformed into a premier investment and tourist destination The US Navy selected Subic Bay as a repair and supply depot. 1 9 0 9
Spanish Naval Station 1 8 0 0 s
Spain discovered Subic Bay's natural deep harbor and soon built a naval fortress. 1 8 9 8
After the Spanish- American war, US Forces took control of the Spanish naval facility. 1800 1992 The Spanish Gate is the main entrance from the harbor to the inner Spanish Naval Station. Subic during WWII The Japanese occupied Subic. 1 9 4 2
The RP-US Military Bases Agreement 1 9 4 7
The famous Seabees started construction of the Naval Base Station. 1 9 5 1
1 9 9 2
Turnover of Subic to the Phil. after the Senate rejected the Treaty and the Pinatubo Eruption. S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y SEAPORT AIRPORT TELECOMMUNICATIONS, ROADS & HOUSING FACILITIES TOTAL - $ 8 Billion VALUE OF INFRASTRUCTURE LEFT BY THE U.S. S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y The first free port in the Philippines The first successful military base conversion into a tax and duty free zone 670 square kilometers, consisting of the former US Naval Base, the municipalities of Subic in Zambales, Morong and Hermosa in Bataan, and the City of Olongapo 1,800 locators with US$9.3 billion cumulative investments and 89,745 active workforce Fenced Area of 13,601 hectares 5 S U B I C B A Y F R E E P O R T Z O N E Subic Freeport and Special Economic Zone A Seamless Economic Corridor Integration of Subic and Clarks world-class logistics infrastructure to create an economic hub that takes advantage of Central Luzons abundant flat lands - Subic, Clark and Luisita linked by a 93.8km, 4-lane expressway (SCTEP) - Construction of 600,000 TEU capacity Container Terminal in Subic
- Upgrading of DMIA SCAD Vision To develop the Subic-Clark Corridor into a globally competitive logistics hub for the efficient movement of people, goods, services & data, in partnership with the private sector Subic Seaport Clark Airport North Rail North Luzon Expressway Subic-Clark Toll Road NLE Extension (Clark-Tarlac Road) Subic Clark Area Development S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y Advantages for Investors Strategic location and accessibility Dedicated Administration Attractive business incentives Existing world-class infrastructure Readily available skilled manpower Magnificent natural setting Unique combination of tourism attractions 7 S U B I C B A Y F R E E P O R T Z O N E City Flying Hours Sailing Time (Days) Kaohshiung 1.0 <2.0 Taipei 1.5 2.0 Hong Kong 1.5 2.0 Ho Chi Minh 2.5 3.0 Bangkok 3.0 4.0 Singapore 3.0 4.5 Kuala Lumpur 3.0 4.5 Shanghai 2.5 3.0 Seoul 4.0 4.5 Tokyo 4.0 5.0 Los Angeles 14.0 22.0 Subic Bay is strategically located in the center of the growing East Asian region 8 Strategic Location S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y --- Accessibility 9 S U B I C B A Y F R E E P O R T Z O N E Diosdado Macapagal International Airport One of the biggest aviation complexes in Asia with its two 3.2 kilometer parallel runways that will be extended to 4 kilometers to accommodate new generation wide-bodied aircraft. Subic Bay International Airport Air Linkages Sea Linkages S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y Dedicated Administration The SBMA is the sole authority created to administer and develop the Freeport Zone. Subic Bay Metropolitan Authority Established in 1992 to manage and develop the Subic Bay Freeport into a self sustaining industrial, commercial, logistics and tourism center Employees: 3,700 Chairman & Administrator: Roberto V. Garcia One-stop investment promotion, registration and regulatory agency for the entire Subic Bay Freeport Zone Key Functions: Investment Promotion, Infrastructure Development, Port Administration, Security and Law Enforcement, Permitting and Licensing 11 Business Incentives Exemption from all local and national taxes with only a 5% corporate tax on gross income Duty-free importation Unrestricted entry of foreign investments No foreign exchange control Visas available to foreign nationals 12 S U B I C B A Y F R E E P O R T Z O N E Infrastructure Subic Bay has existing world-class key infrastructure that can support a wide range of businesses. 13 South China Sea New Container Terminal Cubi Point Subic Bay International Airport Subic Bay Techno-Park Subic Bay Gateway Park (Phase 2) Subic Bay Gateway Park (Phase 1) Naval Supply Depot (General Cargo) Subic Bay Golf Course Central Area Ship Repair Facility Boton Wharf POL Pier Marine Terminal Sattler Pier Rivera Wharf Bravo Wharf Yacht Club Passenger Terminal Leyte Pier Nabasan Wharf Camayan Wharf Hanjin Heavy Industries Shipyard (240 ha) Boton Logistics Center Naval Magazine Ecotourism Zone Cubi Redondo Peninsula 14 Subic is a complete port There are a total of 15 operational piers and wharves capable of handling all kinds of sea vessels South China Sea New Container Terminal Cubi Point Subic International Airport Subic Bay Techno-Park Industrial Park (Phase 2) Industrial Park (Phase 1) NSD Area ENRON Power Plant Central Area SRF Area Boton Wharf POL Pier Marine Terminal Sattler Pier Rivera Wharf Bravo Wharf Yacht Club Passenger Terminal Leyte Pier Nabasan Wharf Camayan Wharf Port of Subic 15 T H E S U B I C B A Y F R E E P O R T H I S T O R Y The Port of Subic is an integral part of the development of the Subic-Clark corridor. It has two (2) new container terminals, and 15 operational piers and wharves for all kinds of sea vessels plus a passenger terminal, a fertilizer terminal, a grains bulk terminal and a general containerized cargo terminal . New Container Terminals 1 & 2 16 The newest operating container port in the country, financed by the Japan Bank of International Cooperation Responds to the growing requirements of seaborne trade in Northern & Central Luzon & the capacity shortage of 14 million TEUs projected for South East Asia Terminal Area: 30 hectares Annual Capacity: 600,000 TEUs Berth Length: 280 meters Controlling Depth: 13 meters Equipment: 4 GCs (Post-Panamax) S U B I C B A Y F R E E P O R T Z O N E Other Terminals in Subic 17 Alava Wharf Marine Terminal Rivera Wharf Bravo Wharf Boton Wharf Sattler Pier Pol Pier Nabasan Wharf Leyte Pier S U B I C B A Y F R E E P O R T Z O N E Manpower Central Luzon has a total labor pool of 3.5 million (3rd largest in the Philippines). Subic Bay Freeport and immediate environs: Working population of 700,000
About 32,666 university graduates yearly 5,526 Engineering and Technology-related graduates 9,788 Business Administration and related courses (IT-enabled) 3,492 Mathematics and Computer Science graduates
More than 162 universities / colleges / vocational schools in and around the Subic Freeport Special Economic Zone 18 S U B I C B A Y F R E E P O R T Z O N E Well-Preserved Natural Environment Subic Bays well-preserved natural environment provides everyone a high quality of life. 19 S U B I C B A Y F R E E P O R T Z O N E Conservation Areas First-class living in the heart of nature Luxurious living in the forest, mountain, and beach areas 20 S U B I C B A Y F R E E P O R T Z O N E First-class living in the heart of nature Luxurious living in the forest, mountain, and beach areas 21 S U B I C B A Y F R E E P O R T Z O N E Unique Combination of Tourism Attractions Subic Bay is ONE destination for all a place to indulge, to reinvigorate, to escape 22 YACHT CLUB JUNGLE SURVIVAL OCEAN ADVENTURE ZOOBIC SAFARI CULTURE HISTORY NATURE HIKES SHOPPING WATER SPORTS BEACHES GOLF SPA
23 SUBIC BAY A THEME PARK Destination 24 Under construction 1. Holy Land Subic 2. Subic Aviary and Bird Park 3. Treetop Expansion Cubi 4. Treetop Mangrove Park 5. Moonbay River Walk SUBIC BAY A THEME PARK Destination SUBIC BAY An Eco-tourism Destination Natural Attractions Forest Trails Falls Mangrove Area Turtle Nesting Areas S U B I C B A Y F R E E P O R T Z O N E 25 SUBIC BAY Meetings, Incentives, Conventions and Events Destination S U B I C B A Y F R E E P O R T Z O N E 26 S U B I C B A Y F R E E P O R T Z O N E 27 Year No. of Participants No.of Events 2012 128,628 293 2011 107,107 141 2010
92,000
389 SUBIC BAY Meetings, Incentives, Conventions and Events Destination Subic Bay Exhibition and Convention Center - 1.2 hectare area, 10,000 persons capacity Development of Subic Bay as MICE Destination Tourism MICE
S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y 29 Meetings/Incentives/Conventions/ Exhibitions No. of Participants Classification 2011 2012 Increase 2011 2012 Increase International 11 20 82% 2,725 8,955 229% Local 131 273 108% 104,382 119,673 15% TOTAL 141 293 108% 107,107 128,628 20% SUBIC BAY: A Sports Tourism Destination 23rd South East Asian Games satellite venue for archery, canoe/kayak, sailing and triathlon Philippine Olympic Festival FEI World Jumping Challenge (Equestrian) Milo Marathon Regional Race China Sea Race Annual Sports Events Subic International Triathlon Philippine International Open Chess Challenge ITU Asian 02 Long Distance Triathlon S U B I C B A Y F R E E P O R T Z O N E 30 Tourism SPORTS
S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y 31 Sports Events Classification 2011 2012 Increase International 8 15 88% Local 27 33 22% TOTAL 35 48 37% SUBIC BAY: A Top Dive Site & Bird-watching Site One of the top ship wreck dive sites in the Philippines USS New York (Battleship) Oyuru Maru Hellship Seian Maru Landing Craft Utility, Patrol Boat & Landing Ship USS Lanikai El Capitan / USS Majaba San Quintin
Declared in 2009 by DOT as one of the countrys 13 bird-watching sites Sites: Hill 394, Nabasan Area, Triboa & Bee-eater Colony 48 recorded bird species, including Brahminy Kite, Crested Serpent Eagle, Red Junglefowl, Green Imperial Dove, Philippine Scops-Owl, etc. Ideal road-side birding site
32 S U B I C B A Y F R E E P O R T Z O N E SUBIC BAY: A Medical Tourism Destination Two (2) existing hospitals, and five (5) out-patient / clinic facilities:
1. Baypointe Hospital (2011) 2. George Dewey Medical Center (2009) 3. Totalmed Corp. 4. Triboa Medtech 5. Borough Medical Care 6. Laceda Medical Clinic 7. Gross Pointe Medical Services 33 S U B I C B A Y F R E E P O R T Z O N E SUBIC BAY: A Cruise Ship Destination
The SBMA is one of the founding members of the Asian Cruise Terminal Association (ACTA), together with Singapore, Japan, Korea and China. Why Subic Bay? Natural deep harbor located along major international shipping lanes Quay-side passenger embarkation & disembarkation Modern passenger terminal A unique combination of tourist attractions & facilities for all ages 34 S U B I C B A Y F R E E P O R T Z O N E Investment Opportunities 35 Port Operations
Warehousing
Airport Operations
Transshipment
Shipbuilding
Ship repair
Industrial Park Development
Electronics / Components Manufacturing
Consumer Goods
Renewable Energy
Garments
Hotel / Resort Development
Housing Development
Retirement Communities
Golf Course
Gaming and Leisure
Ecotourism
Medical Tourism
Retail / Restaurants Software design
Call Center
Business Process Outsourcing
Animation
School Complex Development
Primary Secondary Tertiary Post Graduate
Skills Development Center
Research & Development 36 Subic Bay Investments 3,789 5,502 5,752 5,958 7,168 7,830 7,900 0 1,500 3,000 4,500 6,000 7,500 9,000 2006 2007 2008 2009 2010 2011 2012 Cumulative Investments (US$ 000) Subic Bay is a choice investment destination of 1,180 companies with more than US$8.4 billion worth of investments. 0 200 400 600 800 1000 1200 1400 2004 2005 2012 Number of Investors INVESTOR PROFILE 37 Top 10 Countries with Investment Projects in SBFZ in Terms of Committed Investments Rank No. of Projects Country of Origin Committed Investment (US$) 1 223 KOREA 3,620,660,864.92 2 656 PHILIPPINES 681,854,762.14 3 52 TAIWAN 260,640,089.36 4 24 CHINA 103,430,870.99 5 7 INDIA 102,381,565.22 6 34 JAPAN 35,436,283.66 7 37 U.S.A. 14,006,959.33 8 11 U.K. 10,823,204.50 9 1 SWITZERLAND 7,000,000.00 10 1 U.A.E. 6,720,000.00 S U B I C B A Y F R E E P O R T Z O N E Major Investments in Subic Bay Freeport HANJIN (2007) Hanjin Heavy Industries and Construction Co., Ltd. (Korea) 4th biggest shipbuilding facility in the world US$2.54 billion committed investment NIDEC (2001) Nidec Subic Philippines, Inc. (Japan) Manufacturing of micro motors US$80 million actual investment WISTRON (1996) Wistron Infocom (Phils) Corp. (Taiwan) Manufacturing of personal computers, mother-boards US$140 million actual investment AYALA LAND (2009) Subic Bay Town Center (Philippines) Commercial Mall US$70 million actual investment S U B I C B A Y F R E E P O R T Z O N E 39 Greater Economic Activity 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 2005 2012 59,764 89,104 Active Wokforce 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 2005 2012 $720 $1,927 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 2005 2012 3.41 7.62 Govt Revenues from BOC & BIR Cash Collections (in Php Billion) Exports (in US$ Million)
Jobs
S U B I C B A Y F R E E P O R T Z O N E Tourism TOURISM TRAFFIC (Arrivals via SCTEX only)
S U B I C B A Y M E T R O P O L I T A N A U T H O R I T Y 40 Year Visitor Arrivals Tourist Arrivals Hotel Guests Hotel Occupancy Rate 2012 5,228,434 1,252,217 1,208,151 69% 2011 4,631,696 1, 150,637 1,106,571 71% Variance 13% 9% 9%
2% S U B I C B A Y F R E E P O R T Z O N E 41 Investment Prospects in Tourism
- Ayala Mall development S U B I C B A Y F R E E P O R T Z O N E 42 Investment Prospects in Tourism
- Subic Waterfront Development Project S U B I C B A Y F R E E P O R T Z O N E 43 Investment Prospects in Tourism
- Subic Waterfront Development Project S U B I C B A Y F R E E P O R T Z O N E 44 Investment Prospects in Tourism
- Pedestrianization of Linkage Road S U B I C B A Y F R E E P O R T Z O N E 45 Investment Prospects in Tourism
- Subic Waterfront Redevelopment Project S U B I C B A Y F R E E P O R T Z O N E 46 Investment Prospects in Tourism
- Ilanin West development S U B I C B A Y F R E E P O R T Z O N E 47 Investment Prospects in Tourism
- Minanga area development S U B I C B A Y F R E E P O R T Z O N E 48 Investment Prospects in Tourism
- Cawag area development End of Presentation THANK YOU