September 13, 1991 - The Philippine Senate rejected the 10-year Bases Treaty of Friendship, Peace and Cooperation
March 13, 1992 - Subic Bay Freeport was created under Republic Act 7227. Then Olongapo City Mayor Richard J. Gordon was appointed as the first Chairman of the Subic Bay Metropolitan Authority (SBMA).
November 24, 1992 - The last American ship and helicopter carrier USS Belleau Wood left the Base, ending the 94 years of American military presence in the Philippines. President Fidel V. Ramos and SBMA Chairman Richard J. Gordon, raised the biggest free-flying Philippine flag in front of the SBMA Administration Building 229.
November 24, 1996 - Subic Bay Freeport (SBF) became a bustling hub for commerce and tourism, creating 200,000 jobs and US$2 billion worth of investments in a span of four years. SBF hosted the Asia Pacific Economic Conference (APEC).
June 30, 1998 - Joseph Ejercito Estrada was elected the 13th President of the Philippines. The President appointed former Bataan Congressman Felicito C. Payumo as SBMA Chairman and Administrator.
During the year, President Estrada opened the back gate to Morong, Bataan ending more than 50 years isolation of the municipality.
1999 - For the first time, exports exceeded US$ 1 Billion.
2000 - The SBMA signed the special loan package worth 16.5 Billion Yen for the Container Port Development Project with the Japan Bank for International Cooperation (JBIC).
The 49.33 Billion Yen Subic-Clark Road Project was approved by NEDA-ICC.
2001 - The Subic-Clark Alliance for Development (SCAD) was formally approved in Malacanang with President Gloria Macapagal-Arroyo.
2004 - President Gloria Macapagal-Arroyo appointed Hon. Francisco H. Licuanan as SBMA Chairman & Hon. Alfredo C. Antonio as SBMA Administrator.
September 2005 - Upon appointment by the President Gloria Macapagal-Arroyo, Commodore Feliciano G. Salonga and Armand C. Arreza took-over the reins of SBMA as Chairman and Administrator respectively. |