THE Subic Bay Metropolitan Authority (SBMA) has presented comprehensive expansion plans with a projected total investment of P40 billion by 2028 to enhance Subic Bay’s role as a key logistics hub and a cruise destination in the Philippines.
Among these plans include the development of five major projects aimed at boosting the logistics and catering to the demand anticipated with the development of the Subic Bay Freeport Zone, said SBMA Chairman Eduardo Aliño during the Subic-Clark Business Conference on Friday.
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