subic
TRANSCRIPT
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28 AUGUST 2009
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Two developments prompted the creation of the Subic Bay Special Economic & Freeport
Zone.
Two developments prompted the creation of the Subic Bay Special Economic & Freeport
Zone.
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Eruption of Mount Pinatubo in 1991, the second largest volcanic Eruption of Mount Pinatubo in 1991, the second largest volcanic
eruption of the 20th centuryeruption of the 20th century Eruption of Mount Pinatubo in 1991, the second largest volcanic Eruption of Mount Pinatubo in 1991, the second largest volcanic
eruption of the 20th centuryeruption of the 20th century
• 740 people killed
• 2 million people affected
• US$450 million worth of damages
• More than 80,000 houses destroyed/damaged
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Closure of American naval base in Subic in 1992Closure of American naval base in Subic in 1992Closure of American naval base in Subic in 1992Closure of American naval base in Subic in 1992
• Loss of 30,000 to 35,000 jobs at Subic Bay Naval Station
• Loss of additional 50,000 to 70,000 jobs in service establishments and businesses which produced goods purchased by the bases
• Loss of base-related expenditures, which in 1988-89 amounted to US$344.3 million, including US$75.4 million in workers’ salaries
• Loss of some US$200 million in ODA
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In the early years…In the early years…• The Subic Miracle: A story of Filipino volunteerism
• US$8 billion worth of infrastructure left by the Americans
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As a bustling hub of commerce and tourism, generating As a bustling hub of commerce and tourism, generating investments investments As a bustling hub of commerce and tourism, generating As a bustling hub of commerce and tourism, generating investments investments
• First wave of major investors– FedEx– Acer (now Wistron)– Subic Telecom (AT&T / PLDT)– Subic Bay Industrial Park– Subic Bay Technopark– Enron Power Plant– Others
• US$2.7 billion in committed Investments
• 68,890 jobs created• US$1.3 billion export values• Revenues of more than Php7.5
billion in customs duties• Revenues of more than Php1
billion in taxes
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Another major highlight in the Freeport’s early years… Another major highlight in the Freeport’s early years…
The Asia Pacific Economic Cooperation (APEC) Leaders’ Meeting in Subic in 1996
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SBMA’s Mandate According to RA 7227
The SBMA shall promote and develop the Subic Special Economic Zone into a self-sustaining, industrial, commercial, financial and investment center to generate employment opportunities in and around the zone and to attract and promote productive foreign investments.
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Subic Freeport and Special Economic ZoneSubic Freeport and Special Economic ZoneBASIC INFO• A 670 sq. km. commercial & tourism
destination in a high quality natural environment accessible by land, sea & air
• A complete port with 15 operational piers & wharves, including a passenger/cruise ship terminal + a fully operational international airport with a 10,000-sqm passenger terminal & 2.7-km runway
• A choice investment site of more than 1,000 local & foreign investors with a cumulative committed investment of US$5.75billion & a total workforce of more than 87,000
• 94 years U.S. Naval Base
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Subic Bay Metropolitan Authority: MandateSubic Bay Metropolitan Authority: Mandate
The The Subic Bay Metropolitan Authority (SBMA)Subic Bay Metropolitan Authority (SBMA) was created by virtue of Republic Act 7227 on March was created by virtue of Republic Act 7227 on March
13, 1992. SBMA is the operating and implementing arm of the Government of the Philippines in developing 13, 1992. SBMA is the operating and implementing arm of the Government of the Philippines in developing
the Subic Bay Freeport (SBF) into a self-sustaining industrial, commercial, financial, and investment and the Subic Bay Freeport (SBF) into a self-sustaining industrial, commercial, financial, and investment and
academe center to generate, among others, employment opportunities in and around the Zone, and to academe center to generate, among others, employment opportunities in and around the Zone, and to
attract and promote productive foreign investments.attract and promote productive foreign investments.
President Gloria Macapagal-Arroyo
Chairman/Head of Agency Feliciano Salonga
Administrator and CEO Armand Arreza
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SUBIC- CLARK GROWTH CORRIDORSUBIC- CLARK GROWTH CORRIDOR
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A Seamless Economic A Seamless Economic CorridorCorridor
ElementsElements
Integrate Subic and Clark’s Integrate Subic and Clark’s world-class logistics world-class logistics infrastructure to create an infrastructure to create an economic hub that takes economic hub that takes advantage of Central advantage of Central Luzon’s abundant flat landsLuzon’s abundant flat lands
- Subic, Clark and Luisita Subic, Clark and Luisita linked by a 93.8km, 4-lane linked by a 93.8km, 4-lane expressway (SCTEP) expressway (SCTEP)
- Construction of 600,000 Construction of 600,000 TEU capacity Container TEU capacity Container Terminal in SubicTerminal in Subic
- Upgrading of DMIAUpgrading of DMIA
Create thriving communities Create thriving communities in Central and Northern in Central and Northern Luzon that bring work to the Luzon that bring work to the peoplepeople
- Abundant land for Abundant land for industrial developmentindustrial development
- Provide incentives for Provide incentives for development of new development of new industrial estates through industrial estates through the passage of the “3-2-1 the passage of the “3-2-1 Law”Law”
- Self-contained factory Self-contained factory townstowns
Subic-Clark Area Development
SCAD VisionTo 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 LuzonExpressway
Subic-ClarkSubic-ClarkToll RoadToll Road
NLE Extension(Clark-Tarlac Road)
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HIGHLIGHTSHIGHLIGHTS COSTCOST
Clark International Clark International Airport expansion & Airport expansion & upgradingupgrading
US$ US$ 37.4M37.4M
Subic Port Subic Port Development ProjectDevelopment Project
US$ US$ 230.0M230.0M
Subic-Clark-Tarlac Subic-Clark-Tarlac Expressway (SCTEx)Expressway (SCTEx)
US$ US$ 504.3M504.3M
North Luzon Railway North Luzon Railway Phase 1Phase 1
US$ 503.4 US$ 503.4 MM
North Luzon North Luzon Expressway Expressway RehabilitationRehabilitation
US$ US$ 226.4M226.4M
Subic-Clark Area DevelopmentSubic-Clark Area DevelopmentSubic-Clark Area DevelopmentSubic-Clark Area Development
An additional US$1.5 billion in infrastructure is being put in place to further enhance the An additional US$1.5 billion in infrastructure is being put in place to further enhance the competitiveness of the Subic-Clark area competitiveness of the Subic-Clark area
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Subic – Clark Growth CorridorSubic – Clark Growth Corridor
Commercial GatewayCommercial Gateway
Tourist HavenTourist Haven
Software Development /Software Development / Hi-Tech Manufacturing Hub Hi-Tech Manufacturing Hub
Logistics HubLogistics Hub
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SEAPORTSEAPORT
AIRPORTAIRPORT
TELECOMMUNICATIONS, ROADS & HOUSING FACILITIESTELECOMMUNICATIONS, ROADS & HOUSING FACILITIES
SUBICSUBIC -- $8 Billion$8 BillionCLARKCLARK -- $4 Billion$4 Billion TOTAL - $ 12 BTOTAL - $ 12 B
Subic Clark Alliance for Development (SCAD)Subic Clark Alliance for Development (SCAD)
VALUE OF INFRASTRUCTURE LEFT BY THE U.S.
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Subic Bay InvestmentsSubic Bay InvestmentsSubic Bay InvestmentsSubic Bay Investments
489571
638
767
931
11151186
0
200
400
600
800
1000
1200
2003 2004 2005 2006 2007 2008 2009 (Jan-June)
Number of Investors
16161616
Subic Bay is a choice investment destination for more than 1,186 companies who have invested Subic Bay is a choice investment destination for more than 1,186 companies who have invested more than US$5.7 billion and have hired more than 87,000 workersmore than US$5.7 billion and have hired more than 87,000 workers
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Subic Bay is a choice investment destination for more than 1,186 companies who have invested Subic Bay is a choice investment destination for more than 1,186 companies who have invested more than US$5.7 billion and have hired more than 87,000 workersmore than US$5.7 billion and have hired more than 87,000 workers
2,249 2,313 2,341
3,766
5,4985,747
6,057
-1,000
500
2,000
3,500
5,000
6,500
2003 2004 2005 2006 2007 2008 2009 (Jan-June)
Cumulative Investments (US$ Billion)
Subic Bay InvestmentsSubic Bay InvestmentsSubic Bay InvestmentsSubic Bay Investments
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1818STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
Name of CompanyCommitted Investment
1. Subic Neocove Corp. US$ 175.2 M
2. Hanil E & C Subic, Inc. US$ 11.0 M
3. Sultan Ahmed Lootah Enterprises Corp. US$ 6.72 M
4. George Dewey Medical & Wellness Center, Inc. US$ 6.58 M
5. Hanafil Golf & Tour, Inc. US$ 3.0 M
6. Australasia Marine Alliance Corp. US$ 2.32 M
7. Pacific Pearl Airways Aviation School US$ 2.13 M
8. Taiwan Cogeneration Corporation (Subic Bay Branch)
US$ 2.0 M
9. Palmgold Int’l Ltd. US$ 1.9 M
10.Grand Pillar International Development, Inc. US$ 1.9 M
Total US$ 212.79 M
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1919STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
2008 ACTIVE WORKFORCE BY SECTOR
No. of workers % Share
Manufacturing 14,545 16.62%
Services 36,203 41.37%
Shipbuilding/Marine-Related Services 30,728 35.12%
Construction 5,480 6.26%
Other Services 546 0.62%
87,502 100%
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2020STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
No. of Employees %
Greenbeach Powertech, Inc. (KCThech, Inc.) 11,967 13.68%
Hanjin Heavy Industries & Construction 3,489 3.99%
Nidec (Sankyo Seiki Phils.) 2,347 2.68%
Sanyo Denki Philippines, Inc. 2,118 2.42%
Wistron Infocomm Phils. 2,064 2.36%
Subickor Corporation 1,704 1.95%
Metrobay Corporation 1,518 1.73%
Subic Shipbuilder Corporation 1,476 1.69%
Redondo Baytech Corporation 1,226 1.40%
Redondo I-tech Corporation 1,038 1.19%
Total 28,947 33.08%
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2121STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
EXPORT (US$) EXPORT (US$)
2008 2007 Variance %
JANUARY 85,501,329.87 64,892,236.01 20,609,093.86 31.76%
FEBRUARY 80,224,432.82 55,496,287.59 24,728,145.23 44.56%
MARCH 66,486,887.36 86,841,155.90 -20,354,268.54 -23.44%
APRIL 70,572,323.55 65,766,217.65 4,806,105.90 7.31%
MAY 78,403,030.32 52,829,453.27 25,573,577.05 48.41%
JUNE 128,023,652.00 88,721,267.56 39,302,384.44 44.30%
JULY 78,587,776.98 87,821,335.79 -9,233,558.81 -10.51%
AUGUST 61,396,744.22 79,090,995.59 -17,694,251.37 -22.37%
SEPTEMBER 105,160,346.04 71,408,348.94 33,751,997.10 47.27%
OCTOBER 99,634,487.59 122,432,621.22 -22,798,133.63 -18.62%
NOVEMBER 75,087,158.09 112,473,616.31 -37,386,458.22 -33.24%
DECEMBER 48,769,455.51 83,963,711.89 -35,194,256.38 -41.92%
977,847,624.35977,847,624.35 971,737,247.72971,737,247.72 6,110,376.636,110,376.63 0.63%0.63%
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2222STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
Name of Company FOB value
1. Wistron Infocomm (Phils.) Corp. US$ 247.88 M
2. Lets Do Mobile Philippines US$ 234.51 M
3. Sanyo Denki US$ 78.08 M
4. Hitachi Terminals Mech. Phils. Corp. US$ 76.37 M
5. HHIC-Phils. US$ 61.74 M
6. Juken Sangyo (Phils.) Corp. US$ 44.17 M
7. Tong Lung (Phils.) Metal Industry US$ 27.94 M
8. Hitachi Air Conditioning Products US$ 20.21 M
9. Nidec Subic Phils. Corp. US$ 17.78 M
10.Nicera Philippines, Inc. US$ 13.26 M
Total US$ 849.07 M
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2323SUBIC BAY METROPOLITAN AUTHORITYSUBIC BAY METROPOLITAN AUTHORITY
Performance Indicators 2008 2007 Variance %
Revenue Php 276.24 M Php218.15 MPhp 58.09
M26.63
No. of Shipcalls 1,893 1,576 202 12.82
Gross Registered Tonnage (GRT) 12.55 M 10.84 M 2.39 M 28.38
Cargo Volume: Containerized (TEUs)
29,370.75 36,450.50 -7079.75 -19.42
Non-containerized (MT) 1,868,334.74 1,899,780.53 -31,445.79 -1.7
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Major Investments in Subic Bay FreeportMajor Investments in Subic Bay FreeportMajor Investments in Subic Bay FreeportMajor Investments in Subic Bay Freeport
• Shipbuilding facility• US$1.6 billion committed investment• Shipbuilding facility• US$1.6 billion committed investment
(Korea)(Korea) Wistron Infocomm (Phils.) Corp. (Taiwan)Wistron Infocomm (Phils.) Corp. (Taiwan)
• Manufacturing of personal computers, motherboards• US$140 million actual investments• Manufacturing of personal computers, motherboards• US$140 million actual investments
• Manufacturing of micro motorsManufacturing of micro motors• US$80 million actual investmentsUS$80 million actual investments
Nidec Subic Philippines Corp. (Japan)Nidec Subic Philippines Corp. (Japan)
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Opportunities for Investors
Strategic location
Dedicated Administration for sustainable growth
Existing world class infrastructure
Environment conducive to business investment
Highly qualified workforce
Magnificent natural setting
Unique combination of tourism attraction
Subic Bay’s AdvantagesSubic Bay’s AdvantagesSubic Bay’s AdvantagesSubic Bay’s Advantages
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Strategic LocationStrategic LocationStrategic LocationStrategic Location
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 4.0 4.5
Shanghai 2.5 3.0
Seoul 4.0 4.5
Tokyo 4.0 5.0
Los Angeles
22.0
Subic Bay is strategically located in the center of the growing East Asian regionSubic Bay is strategically located in the center of the growing East Asian region
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Dedicated AdministrationDedicated AdministrationDedicated AdministrationDedicated Administration
Subic Bay Metropolitan AuthoritySubic Bay Metropolitan Authority
Established in 1992 to manage and develop the Established in 1992 to manage and develop the Subic Bay Freeport into a self sustaining Subic Bay Freeport into a self sustaining industrial, commercial, logistics and tourism industrial, commercial, logistics and tourism centercenter
Employees: 3,700Employees: 3,700
Chairman: Feliciano G. SalongaChairman: Feliciano G. Salonga Administrator: Armand C. ArrezaAdministrator: Armand C. Arreza
One-stop investment promotion, registration One-stop investment promotion, registration and regulatory agency for the entire Subic and regulatory agency for the entire Subic Bay Freeport ZoneBay Freeport Zone
Key Functions: Investment Promotion, Key Functions: Investment Promotion, Infrastructure Development, Port Infrastructure Development, Port Administration, Security and Law Administration, Security and Law Enforcement, Permitting and LicensingEnforcement, Permitting and Licensing
27272727
The SBMA is the sole authority created to administer and develop the Freeport ZoneThe SBMA is the sole authority created to administer and develop the Freeport Zone
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InfrastructureInfrastructureInfrastructureInfrastructure
Subic Bay possesses key infrastructure that can support a wide range Subic Bay possesses key infrastructure that can support a wide range of businessesof businesses
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 FacilityBoton WharfBoton Wharf
POL PierPOL Pier
Marine TerminalMarine Terminal
Sattler PierSattler Pier
Rivera WharfRivera Wharf
Bravo WharfBravo WharfYacht ClubYacht Club
Passenger TerminalPassenger TerminalLeyte PierLeyte Pier
Nabasan WharfNabasan Wharf
Camayan WharfCamayan WharfHanjin Heavy
Industries Shipyard (240 ha)
Boton Logistics Center
28282828
Naval Magazine Ecotourism Zone Cubi
Redondo Peninsula
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Stable Power Supply
Potable Water Supply
100,000-line CapacityTelecom Facilities
Efficient Waste Management System
INDEPENDENT AND RELIABLE SERVICESINDEPENDENT AND RELIABLE SERVICES
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24-Hour Security24-Hour Security
Monitored movements at all SBMA gates through 24-hours Monitored movements at all SBMA gates through 24-hours Close Circuit TV monitor Close Circuit TV monitor
911 Emergency Hotline for Fire, Medical & 911 Emergency Hotline for Fire, Medical & Rescue OperationsRescue Operations
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IncentivesIncentivesIncentivesIncentives
31313131
• Exemption from all local & national taxes with only a 5% corporate tax on gross income
• Duty free importation of raw materials and finished goods
• Liberalized foreign ownership requirements
• No foreign exchange control
• Visas available to foreign nationals (Subic Special Working Visa)
• Qualified industries may also benefit from a 4-6 year income tax holiday
Tax exemption and duty free importation are offered to all Subic Bay investorsTax exemption and duty free importation are offered to all Subic Bay investors
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• Central Luzon has a total labor pool of 3.5 Million Central Luzon has a total labor pool of 3.5 Million (3rd largest in the Philippines)(3rd largest in the Philippines)
– Subic Bay Freeport and immediate environs: Subic Bay Freeport and immediate environs: working population of 700,000working population of 700,000
• About 32,666 university graduates yearlyAbout 32,666 university graduates yearly
– 5,526 Engineering and Technology-related 5,526 Engineering and Technology-related graduatesgraduates
– 9,788 Business Administration and related 9,788 Business Administration and related courses (IT-enabled)courses (IT-enabled)
– 3,492 Mathematics and Computer Science 3,492 Mathematics and Computer Science graduatesgraduates
• 96.9% literacy rate96.9% literacy rate
• Fast learning curve (needs only 6-8 weeks to learn Fast learning curve (needs only 6-8 weeks to learn technical skills – SEIPI study)technical skills – SEIPI study)
• Strong work ethic and customer orientation (Gartner Strong work ethic and customer orientation (Gartner Research)Research)
• More than 162 universities / colleges / vocational More than 162 universities / colleges / vocational schools in and around the Subic Freeport Special schools in and around the Subic Freeport Special Economic ZonesEconomic Zones
Highly Qualified WorkforceHighly Qualified WorkforceHighly Qualified WorkforceHighly Qualified Workforce
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3333STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
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3434STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
Philippine International Tourism FairPhilippine International Tourism Fair
Philippine Travel MartPhilippine Travel Mart
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AIRPORTAIRPORTAIRPORTAIRPORTNabasan PierNabasan PierNabasan PierNabasan PierHANJIN HANJIN
SHIPBUILDINGSHIPBUILDINGHANJIN HANJIN
SHIPBUILDINGSHIPBUILDING
SBF MARITIME COMPONENTSSBF MARITIME COMPONENTS
Camayan PierCamayan PierCamayan PierCamayan Pier
WARTSILAWARTSILAMaritme Training Maritme Training
FacilityFacility
WARTSILAWARTSILAMaritme Training Maritme Training
FacilityFacility
IDESSIDESSMaritme Training Maritme Training
FacilityFacility
IDESSIDESSMaritme Training Maritme Training
FacilityFacility
BOTON WHARFBOTON WHARF
BULK BULK FERTILIZER FERTILIZER TERMINALTERMINAL
NEW NEW CONTAINER CONTAINER TERMINALTERMINAL
NEW NEW CONTAINER CONTAINER TERMINALTERMINAL
LEYTE PIERLEYTE PIER
BULKGRAIN BULKGRAIN TERMINALTERMINAL
ALAVA PIERALAVA PIER
SEAPORT SEAPORT ADMINISTRATIADMINISTRATION BUILDINGON BUILDING
POL PIERPOL PIER
PETROLIUM PETROLIUM LOGISTICS LOGISTICS FACILITYFACILITY
RIVERA WHARFRIVERA WHARF
CRUISE SHIP CRUISE SHIP TERMINALTERMINAL
SRFSRF
LUXURY YACHT LUXURY YACHT FACILITYFACILITY
NAVAL SUPPLY NAVAL SUPPLY DEPOTDEPOT
GENERAL GENERAL CARGO & CARGO &
BREAK BULKBREAK BULK
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Logistics Center for Central LuzonLogistics Center for Central Luzon
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Privatization of NCT2Privatization of NCT2(3(3rdrd Quarter 2008) Quarter 2008)
Privatization of NCT2Privatization of NCT2(3(3rdrd Quarter 2008) Quarter 2008)
Airport Cargo TerminalAirport Cargo Terminal(2009)(2009)
Airport Cargo TerminalAirport Cargo Terminal(2009)(2009)
Upgrading and CapacityUpgrading and CapacityExpansion of POL DepotExpansion of POL Depot
(2008-2010)(2008-2010)
Upgrading and CapacityUpgrading and CapacityExpansion of POL DepotExpansion of POL Depot
(2008-2010)(2008-2010)
Redevelopment of Boton WharfRedevelopment of Boton Wharf(2009 – 2012)(2009 – 2012)
Redevelopment of Boton WharfRedevelopment of Boton Wharf(2009 – 2012)(2009 – 2012)
Privatization of NSDPrivatization of NSDFor General CargoFor General Cargo
(2009)(2009)
Privatization of NSDPrivatization of NSDFor General CargoFor General Cargo
(2009)(2009)
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High-value Export Growth in Southeast AsiaHigh-value Export Growth in Southeast Asia
Philippines• Highest proportion of
high-value exports in ASEAN
Malaysia Has made great strides in the
electronic and electrical exports Value of electronic and electrical
goods exported was US$64 billion in 2006
This accounted for just over half of total exports
Singapore Leader in high-value industry
Indonesia Showing some growth in the high-
value exports from a low base Geared towards textiles and clothing
Thailand “The Detroit of ASEAN” Booming Automotive Industry
– vehicle production doubled between 2002 – 2005 to 1.1 million vehicles
Now the world’s biggest producer of pickup trucks
SUBIC FREEPORTSUBIC FREEPORTThe next biggest exporter The next biggest exporter of maritime/commercial of maritime/commercial vesselsvessels
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SUBIC BAY FREEPORT INFRASTRUCTURE
SUBIC BAY FREEPORT INFRASTRUCTURE
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Status of New Container Terminal 1 & 2Status of New Container Terminal 1 & 2Status of New Container Terminal 1 & 2Status of New Container Terminal 1 & 2
NEW CONTAINER TERMINAL 1 NEW CONTAINER TERMINAL 1 (NCT-1)(NCT-1)
• Completed. Inaugurated by Her Excellency Completed. Inaugurated by Her Excellency President Gloria Macapagal Arroyo.President Gloria Macapagal Arroyo.
• Contract for the Operation and Management Contract for the Operation and Management awarded to Subic Bay International awarded to Subic Bay International Terminal, Inc. (SBITC).Terminal, Inc. (SBITC).
• SBITC completed construction of their SBITC completed construction of their offices, warehouse/motorpool this month.offices, warehouse/motorpool this month.
• The 1The 1stst ship call and unloading of container: ship call and unloading of container: 02 April 200802 April 2008
NEW CONTAINER TERMINAL 2 NEW CONTAINER TERMINAL 2 (NCT-2)(NCT-2)
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Subic Bay International Airport (SBIA)Subic Bay International Airport (SBIA)
The former Naval Air station is now a modern international airport The former Naval Air station is now a modern international airport with a 10,000 sq.m. passenger terminal. The airport currently houses with a 10,000 sq.m. passenger terminal. The airport currently houses FEDEX 1, the Asian distribution hub of Federal Express.FEDEX 1, the Asian distribution hub of Federal Express.
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AIR LINKAGESAIR LINKAGES
Orient Overseas Container LineOrient Overseas Container LineWAN HAI LINES LTD. WAN HAI LINES LTD.
Diosdado Macapagal International Diosdado Macapagal International AirportAirport
One of the biggest aviation One of the biggest aviation
complexes in Asia with its two complexes in Asia with its two
3.2 kilometer parallel runways 3.2 kilometer parallel runways
that will be extended to 4 that will be extended to 4
kilometers to accommodate kilometers to accommodate
new generation wide-bodied new generation wide-bodied
aircraft. aircraft.
Subic Bay International AirportSubic Bay International Airport
SEA LINKAGES SEA LINKAGES
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Hanjin Heavy Industries and Construction Co.Hanjin Heavy Industries and Construction Co.
OriginalOriginal NewNew % % ChangeChange
INVESTMENTINVESTMENT
Feb 2006 - Jun Feb 2006 - Jun 20072007
US$ .644 BUS$ .644 B
July 2007 - 2011July 2007 - 2011 1.040 B1.040 B
TotalTotal US$ 1 BUS$ 1 B US$ US$ 1.684 B1.684 B
68 %68 %
Latest Volume of Booked Contracts: $3.3 Latest Volume of Booked Contracts: $3.3 BillionBillion
PN001 June ’08 Delivery 4,300 TEUs 24.5 Knots
HANJIN LOCATIONHANJIN LOCATION
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Hanjin Heavy Industries and Construction Co.Hanjin Heavy Industries and Construction Co.
EMPLOYMENTEMPLOYMENT
Current Shipbuilding EmployeesCurrent Shipbuilding Employees :: 5,3155,315
Average Number of Construction Average Number of Construction WorkersWorkers
:: 5,0005,000
Employment PlanEmployment Plan
Y2008Y2008 :: 13,0813,0800
Y2011Y2011 :: 15,8015,8000
(vs. original plan of (vs. original plan of 7,000)7,000)
TRAININGTRAINING
Average Average :: 1,200 pax per batch (1 batch every 3 months)1,200 pax per batch (1 batch every 3 months)
MaximumMaximum :: 3,400 pax per batch (1 batch every 2 months/2 shifts)3,400 pax per batch (1 batch every 2 months/2 shifts)
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OTHER DEVELOPMENT PROSPECTSOTHER DEVELOPMENT PROSPECTS
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Unique Combination of Tourism AttractionsUnique Combination of Tourism AttractionsUnique Combination of Tourism AttractionsUnique Combination of Tourism Attractions
LIFESTYLE BUSINESS ENJOYMENT ENTERTAINMENT
CULTURE HISTORY NATURE SHOPPING
SPORTS RECREATION EXPERIENCE LEISURE
45454545
Subic Bay is ONE destination for all – a place to enduldge, to reinvigorate, to escape Subic Bay is ONE destination for all – a place to enduldge, to reinvigorate, to escape
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Commercial DistrictCommercial District
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GATEWAY DISTRICTGATEWAY DISTRICT
4747
AREA: 723.69 has.AREA: 723.69 has.
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PROPOSED CONCEPT PLANPROPOSED CONCEPT PLAN
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SUBIC BAY METROPOLITAN AUTHORITY
Gateway DistrictGateway District
4949
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TIPOTIPO
5050
N
AREA: 152.8 has.AREA: 152.8 has.
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I.T.PARK
SBMA OFFICESTIPO PLAZA
BPO/COMMERCIAL USE
HI-TECH MANUFACTURING
LEGEND HI-TECH MANUFACTURINGAPPROX. AREA = 79 HECTARES
BPO/COMMERCIAL USEAPPROX. AREA= 12.8 HECTARES
I.T. PARK
APPROX AREA= 26 HA
FUTURE EXPANSION35 HECTARES
TO MANILA
TIPO E
XPRESSWAY
TO SBF PROPER/
SBMA OFFICESTIPO GATE
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NSD: General CargoNSD: General Cargo
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–A complete destination resort A complete destination resort comprising comprising
•HotelsHotels
•ResortsResorts
•Golf CoursesGolf Courses•Retail CentersRetail Centers
•Marina/Yacht ClubMarina/Yacht Club•Cruise ship destinationCruise ship destination
–Beach capital of LuzonBeach capital of Luzon–Convention capital of LuzonConvention capital of Luzon–
CawagCawag
Half Moon Bay
Minanga Bay
International Destination ResortsInternational Destination Resorts
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MORONG: Beach and Golf ResortMORONG: Beach and Golf Resort
Ilanin Forest West
Cubi Triboa District
Ilanin Forest West
Minanga
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Minanga Bay ConceptMinanga Bay Concept
5555
Beach Resort5 Star Resort Hotel with Beach Club, M.I.C.E Convention Centre & Water Fun Theme Park forming the tourist core of the area
Golf CommunityGolf Course Real Estate & Holiday Houses complement the whole golf resort development
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EduCityEduCity
5656SUBIC BAY METROPOLITAN AUTHORITY
• Bring world class education to Greater Subic Bay• George Dewey• Bataan Technopark• Cubi
• Multi-varsity university environment: World’s best universities invited to establish local facilities
• Complement growth of high-value added and service industries within the Greater Subic Bay area
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THE ROAD AHEADTHE ROAD AHEAD
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5858STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
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5959STATE OF THE FREEPORT ADDRESS 2009STATE OF THE FREEPORT ADDRESS 2009
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Investment OpportunitiesInvestment OpportunitiesInvestment OpportunitiesInvestment Opportunities
60606060
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World-Class ServicesWorld-Class ServicesWorld-Class ServicesWorld-Class Services
Major infrastructure &
features
Tourist attractions & facilities
Independent & reliable services
Other services
• Bustling Seaport
• International Airport
• Business district
• No traffic• Round-the-
clock security & emergency facilities
• Theme parks• Culture &
history• Natural
attractions• Entertainment• Sports &
adventure• Sun, sea &
sand• Wellness
outlets• MICE venues• Shopping &
dining
• Potable water supply
• Efficient waste management system
• 100,000-line capacity telecom facilities
• Stable power supply
• Medical & health services
• Transportation services
• Eucharistic services
• Courier services
• Banks• Educational
institutions
Subic Bay Freeport is a self-contained urban center with world-class servicesSubic Bay Freeport is a self-contained urban center with world-class services
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Your Gateway to Business & Leisure