'What is Subic Bay?' Subic Bay  

What is Subic Bay?

Subic Bay, Philippines

Wiki from Pedia -

Subic Bay is a bay on the west coast of the island of Luzon in the Philippines, about 100 kilometers northwest of Manila Bay. Formerly the site of a major United States Navy base, it is now the location of an industrial and commercial area known as the Subic Bay Freeport Zone under the Subic Bay Metropolitan Authority.

Subic has since been transformed and became a model for bases conversion into commercial use after the Cold War with blue chip companies pumping in over $3 billion of investments creating 70, 000 jobs in the free port's first four years. It was host to the 4th APEC Leaders' Summit on November 24, 1996. FedEx's Asia-Pacific hub, Asia-One, was also located in Subic Bay for almost ten years..

In addition to commercial use, Subic Bay is also a popular destination for weekend visitors from Metro Manila. Attractions include several beaches, an underwater aquarium, jungle survival tours, racing and duty-free shopping centers.

• Subic Bay

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