Subic Bay Freeport Zone
The Subic Bay Freeport Zone is a special economic zone located in the Philippines, specifically in the province of Zambales. Originally a U.S. naval base, it was transformed into a freeport area in the 1990s to promote trade and investment. The zone offers various incentives for businesses, including tax exemptions and simplified customs procedures.
Today, the Subic Bay Freeport Zone is home to numerous industries, including manufacturing, logistics, and tourism. It features modern infrastructure, a deep-water port, and a range of recreational facilities. The area is also known for its natural beauty, with beaches and forests that attract both local and international visitors.