?The Subic-Clark corridor will be the most competitive international service and logistics center in the Southeast Asian Region,? PGMA asserts SBMA?s key role in the national government's efforts to achieve international competitiveness for the country?s integration into the global economy.

Under RA 7227, SBMA shall develop the Subic Bay Freeport (SBF) into a globally-competitive, self-sustaining and environment-friendly center for industry, commerce, finance, investment, academe and tourism in the Asia-Pacific to pursue economic development, employment generation and social progress.

Since 1992, 706 investors, USD3.8B committed investments and 67,362 jobs, SBF is the country?s premier showcase for economic development, a symbol of Filipino pride and the most successful model of military base conversion in the world. With legislated fiscal & business incentives for investors, SBF is a community with comfort, discipline and secured lifestyle where industry sustains nature. With its world-class telco; technically-skilled manpower; investment incentives; security and safety features, SBF is positioned to dominate its niche in the ICT sector. (pls. see www.sbma.com).

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