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SBMA eyes Subic as regional hub

By Ric Sapnu
Tuesday, February 12, 2008 [ philstar.com ]

SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority (SBMA) said it will establish Subic as a regional development center in Southeast Asia in the next 20 years.

The move would also spur the development of municipalities around the free­-port, SBMA Administrator Armand Arreza said.

“Our big long-term goal would be to transform the greater Subic Bay area into a First World eco-urban center in 20 years,” said Arreza. He said that the project is expected to bring significant investment, financial, and business opportunities. > > > [ full story ]