Narrative Report About Subic

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  • Topic: Subic Bay Freeport Zone, Luzon, Zambales
  • Pages : 11 (3204 words )
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  • Published : October 10, 2012
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PROFILE OF THE STUDENT

NAME: RYAN PATRICK MABALOT NERONA
AGE: 17
DATE OF BIRTH: NOVEMEBER 01, 1994
SEX: MALE
RELIGION:ROMAN CATHOLIC
NATIONALITY: FILIPINO
STATUS: SINGLE
LANGAUGE KNOWN: PILIPINO
PERMANENT ADDRESS: BLK 14 LOT 4,AFP VILLAGE LANGKA ST, SILANGAN, SAN MATEO RIZAL, PHILIPPINES. CELLPHONE/PHONE NUMBER: 09481555875
EMAIL ADDRESS: RYZNPAT@ROCKETMAIL.COM
PARENT/GUARDIAN: PATRICIA M. NERONA
CONTACT NO#: 09302712888

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Subic Bay Freeport Zone

Subic Bay Yacht Club
Subic Bay Freeport Zone (SBFZ), which is known simply as Subic Bay, is the Philippines' first successful case of a military base converted through volunteerism into a tax- and duty-free zone similar to Hong Kong and Singapore, operated and managed by the Subic Bay Metropolitan Authority or SBMA. It covers the fenced area of the former U.S. Naval Base Subic Bay located in the southwest of Luzon Island in thePhilippines and surrounded by the municipalities of Subic and Olongapo City inZambales and Hermosa and Morong in Bataan, in concurrence of these municipalities'Sangguniang Bayan, pursuant to Section 12 of RA 7227. The harbor faces the Zambales Mountain Range to the west and the Subic Bay opening to the South China Sea. It is northwest of the Bataan Peninsula and southwest of Zambales Province. SBFZ is 110 kilometers north of Manila. Manila Bay and the Bataan Peninsula separate SBFZ from Manila. The mountain ranges around the Subic Bay area and the deep natural harbor provide excellent and protected anchorage. In addition, these features make SBFZ naturally sheltered from typhoons as well as from the effects of an eruption of nearby Mt. Pinatubo. Subic Bay Freeport Zone is in Region III (or Central Luzon Region) of the Philippines. It is one of the points in the growth triangle (and an engine for economic development) in the region. History

Subic Bay is surrounded by the town of Subic and Olongapo City, both in the province of Zambales. Development of Olongapo City was largely tied to the presence of the United States Navy base at Subic Bay, once the largest U.S. military naval base in Asia. Anarsenal and ship-repair facility was established at Subic Bay in 1885 by the then colonial power, Spain. Following the Spanish-American war, Subic Bay became a U.S. Navy and Marine base, and grew to be a major facility. Until 1991, it was the base of the United States 7th Fleet. In early 1991, after the collapse of protracted negotiations, the Philippine Senate rejected terms for renewal of the lease of the base. The US Navy was already in the process of downsizing its Subic operations in June 1991, when Mount Pinatubo erupted. One of the largest volcanic eruptions in the last 100 years, it covered the Navy Base in volcanic ash and collapsed a significant number of structures. The last ship, USS Belleau Wood, left on November 24, 1992.

Post-Cold War
Surprisingly the departure of the Americans did not spell doom. Subic Bay was converted into a commercial zone largely through the efforts of some 8,000 residents of nearby Olongapo City, under the leadership of their mayor, Richard Gordon, who volunteered to protect and preserve 8 billion dollars worth of facilities and property from looting and destruction. Subic has since been transformed and became a model for bases conversion  into commercial use after the Cold War with blue chip companies like Coastal Petroleum, and Fed Ex pumping in over $3 billion of investments creating 70,000 jobs in the free port's first four years. It was host to the 4th APEC Leaders' Summit on November 24, 1996 and . FedEx's Asia-Pacific hub, Asia-One, was also located in Subic Bay for almost ten years. -------------------------------------------------

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Subic Bay Today

Boardwalk Beach
Subic Bay, the Philippines' first free port (see, Port of Subic), continues to be one of the country's major economic engines...
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