Tag Archive | "Subic Bay Metropolitan Authority"

Subic Bay Metropolitan Authority, Resom sign P20-B tourism project

The Subic Bay Metropolitan Authority (SBMA) has recently signed a contract with Korean-owned Resom Resort Phils. (Resom) for the development of a P20-billion world-class tourism resort complex in this Freeport.

An aerial view of the station and, to the left, Naval Air Station, Cubi Point. (courtesy of Wikimedia.org)

SBMA chairman and administrator Roberto V. Garcia and Resom chairman Sang So Shin signed the lease development agreements that would pave the way for the construction of this landmark tourism project.

The first phase of the project involves the development of a prime waterfront property previously known as the mini-golf course with a gross area of two hectares and a buildable area of 6,000-square meter (sqm.).

Resom is committed to construct in this area a luxury hotel with around 300 rooms, convention facilities, pool, spa, restaurants and other support facilities. Read the full story

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Subic Bay Metropolitan Authority eyes 7-M Asian cruise travelers

The Subic Bay Metropolitan Authority (SBMA) has set its sights on the projected surge of Asian cruise travelers in the next five years through joining pioneering industry players in the region to market Asia as one cruise destination.

SBMA administrator Armand Arreza said Subic has signified its intention to capitalize on the growing cruise market by joining the Asia Cruise Terminal Association (ACTA).

The Subic Bay Metropolitan Authority
The Subic Bay Metropolitan Authority

“We’re banking on positive industry projections for this growing market niche, now that the global economic crisis has been hurdled,” Arreza said. Read the full story

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