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4 New Developments Happening in Subic this 2018

Business is booming in this seaport city up north, so don’t miss it!

By: Corabelle Guevarra | February 23, 2018

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Subic 2018 developments
Image: Subic Bay Freeport Zone Facebook Page


After the eruption of Mt. Pinatubo, former US naval military base Subic Bay has successfully transformed itself into one of the major economic free port zones in the country. In the 90s, it was the go-to place for duty free shopping. In the decade that followed, it was converted into a nature and adventure destination. With the Subic-Clark-Tarlac expressway (SCTEX) bringing about fast and convenient travel going to Subic, it continues to become a northern destination of choice for both local and foreign tourists.

This year, we’ll get to see more developments in Subic not just in tourism, but also for business, logistics, and transportation. Get to know them as ShoppersGuide brings you a list of something to look forward to in Subic this 2018.


1. World-class Golf Course and a Retirement Community



Subic 2018 developments

A world-class golf course is part of the $30-million investment in Subic, which includes a retirement community.



A USD30-million investment in golf course and a 2,000-unit retirement community are both set to be completed this 2018 in Subic. The project started in 2016 with the renovation and re-development of the whole golf course, which includes the addition of a clubhouse, sprinkler systems, and ponds as well as golf carts and service vehicles. The second phase of the project is a community for the retirees and elderlies that will have complete amenities such as a gym, a sports center, arts and crafts studios, karaoke or music rooms, function rooms, library and bars and restaurants.




2. Rehabilitation of Subic Seaports



Subic 2018 developments

The Alva Pier where US Naval ships and small cruise ships dock will be part of the rehabilitation project of SBMA this year.

Image: Subic Bay Official Website


Part of the priority projects of the Subic Bay Metropolitan Authority (SBMA) in 2018 is the rehabilitation of piers and wharves in the Subic Bay Freeport Zone. These are the biggest assets of Subic Bay as they generate the biggest income in the free port area. The project’s goal is to put these assets in best condition to service more vessels as well as to accommodate bigger cruise ships in the future.


3. Subic-Clark Cargo Railway Project

Date of Completion: April 30, 2021


Subic 2018 developments

This is the proposed design of the Subic-Clark Cargo Railway Project.

Image: Philippine Infrastructure Transparency Portal Website


Transporting cargo from vessels docked in Subic to other areas in Central and Northern Luzon would become fast and easy in the coming years as the Subic-Clark Cargo Railway project commences this year. It will provide a railway connection between Subic Bay Freeport Zone and Clark Freeport and Special Economic Zone and other major economic hubs in the region. The project is targeted to be finished by 2021.


4. What: Luxury Residence at Triboa Bay



Subic 2018 developments

Triboa Majestic Bay Residences is a 167-unit luxury residence with a seaside view in Subic.

Image: Triboa Bay Facebook Page


Triboa Majestic Bay Residences is a 167-unit luxury residence-resort that will soon rise at the Triboa Bay Area near the former APEC Villas in Subic. Construction has already started and is seen to be completed in three years’ time. It is a PhP2-billion project by a Taiwanese construction and engineering firm that will cater to class A and B markets, especially Asian expatriates and other foreign nationals. Aside from the condominium units, other amenities are also available, such as outdoor swimming pools, business center, shops, library, gym, restaurants and many more.




Subic’s overall growth is seen through last year’s statistics in revenue, employment, and investments, as well as through local and international recognition in tourism, finance, and management. Current developments in real estate and improvement of transportation and logistics through government and private partnerships also pave the way for growth. Not to mention, Subic shows a continued strength in tourism industry with the various events happening this year, such as Ironman 2018 and the Ad Summit PH 2018.


So, whether you’re a businessman looking for a strategic location to invest in or just someone looking for a place to relax over the weekend, Subic can be your option.

Subic 2018 developments
Image: Subic Bay Freeport Zone Facebook Page


After the eruption of Mt. Pinatubo, former US naval military base Subic Bay has successfully transformed itself into one of the major economic free port zones in the country. In the 90s, it was the go-to place for duty free shopping. In the decade that followed, it was converted into a nature and adventure destination. With the Subic-Clark-Tarlac expressway (SCTEX) bringing about fast and convenient travel going to Subic, it continues to become a northern destination of choice for both local and foreign tourists.

This year, we’ll get to see more developments in Subic not just in tourism, but also for business, logistics, and transportation. Get to know them as ShoppersGuide brings you a list of something to look forward to in Subic this 2018.


1. World-class Golf Course and a Retirement Community



Subic 2018 developments

A world-class golf course is part of the $30-million investment in Subic, which includes a retirement community.



A USD30-million investment in golf course and a 2,000-unit retirement community are both set to be completed this 2018 in Subic. The project started in 2016 with the renovation and re-development of the whole golf course, which includes the addition of a clubhouse, sprinkler systems, and ponds as well as golf carts and service vehicles. The second phase of the project is a community for the retirees and elderlies that will have complete amenities such as a gym, a sports center, arts and crafts studios, karaoke or music rooms, function rooms, library and bars and restaurants.




2. Rehabilitation of Subic Seaports



Subic 2018 developments

The Alva Pier where US Naval ships and small cruise ships dock will be part of the rehabilitation project of SBMA this year.

Image: Subic Bay Official Website


Part of the priority projects of the Subic Bay Metropolitan Authority (SBMA) in 2018 is the rehabilitation of piers and wharves in the Subic Bay Freeport Zone. These are the biggest assets of Subic Bay as they generate the biggest income in the free port area. The project’s goal is to put these assets in best condition to service more vessels as well as to accommodate bigger cruise ships in the future.


3. Subic-Clark Cargo Railway Project

Date of Completion: April 30, 2021


Subic 2018 developments

This is the proposed design of the Subic-Clark Cargo Railway Project.

Image: Philippine Infrastructure Transparency Portal Website


Transporting cargo from vessels docked in Subic to other areas in Central and Northern Luzon would become fast and easy in the coming years as the Subic-Clark Cargo Railway project commences this year. It will provide a railway connection between Subic Bay Freeport Zone and Clark Freeport and Special Economic Zone and other major economic hubs in the region. The project is targeted to be finished by 2021.


4. What: Luxury Residence at Triboa Bay



Subic 2018 developments

Triboa Majestic Bay Residences is a 167-unit luxury residence with a seaside view in Subic.

Image: Triboa Bay Facebook Page


Triboa Majestic Bay Residences is a 167-unit luxury residence-resort that will soon rise at the Triboa Bay Area near the former APEC Villas in Subic. Construction has already started and is seen to be completed in three years’ time. It is a PhP2-billion project by a Taiwanese construction and engineering firm that will cater to class A and B markets, especially Asian expatriates and other foreign nationals. Aside from the condominium units, other amenities are also available, such as outdoor swimming pools, business center, shops, library, gym, restaurants and many more.




Subic’s overall growth is seen through last year’s statistics in revenue, employment, and investments, as well as through local and international recognition in tourism, finance, and management. Current developments in real estate and improvement of transportation and logistics through government and private partnerships also pave the way for growth. Not to mention, Subic shows a continued strength in tourism industry with the various events happening this year, such as Ironman 2018 and the Ad Summit PH 2018.


So, whether you’re a businessman looking for a strategic location to invest in or just someone looking for a place to relax over the weekend, Subic can be your option.

author

Corabelle, outside her full-time job as a Digital Marketing Manager in Clark, she still makes time for her hobbies, be with her family and friends, travel, and work on a side business. Someday she wishes to fulfill her travel goals by being able to visit all the beautiful islands of the Philippines and see the sights of the different countries in Asia and the world. Just like anyone who has that wanderlust gene, Corabelle’s mantra is: “work, save, travel… repeat.”

developments Subic

Disclaimer: All articles in the Consumers Magazine of Yoorekka are for general information and entertainment purposes only. Although careful research has been made in writing them, Yoorekka does not make any warranty about the completeness and accuracy of all information presented in our articles. Our content is not intended to be used in place of legal, medical, or any professional advice.

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