2017, November 24. Subic Bay Metropolitan Authority (SBMA),
Litho Offset, Amstar Printing Company, Inc.,
Singles, Sheets of 40; Souvenir
Sheets of One
12p Family Monument -
100p Souvenir Sheets on One
Designers: Ferdee M. Marcelo, Victorino Z.
Stamp Designs: Children of the Sun
Returning, SBMA Anniversary Logo
First Day Covers: Manila
Subic Bay Metropolitan Authority - 25th Anniversary
"Celebrating the Past, Forging the Nation's Future"
The Subic Bay Metropolitan Authority (SBMA) is the operating and
implementing arm of the Government of the Philippines for the
development of the 262 square mile (670 square kilometer) area of
Subic Bay Freeport (SBF) into a self-sustaining tourism, industrial,
commercial, financial, and investment center to generate employment
opportunities. This area was the former US Naval facility in Subic
1800 - Spain discovers Subic Bay's natural deep and strategically
located harbor and soon builds a naval fortress.
1909 - The U.S. Navy selects Subic Bay as a repair and supply depot
due also to its strategically located safe and natural deep harbor.
1992 - After almost 90 years as an American military facility, Subic
is turned over to the Philippines after the Philippine Senate
rejects the renewal of the 1947 US-Philippines Military Bases
Agreement, and, the 1991 Mt. Pinatubo eruption destroyed the base
On March 13, 1992, the Philippine Congress passed Republic Act 7227,
known as the Bases Conversion and Development Act of 1992, in
anticipation of the pullout of the US military bases in the country.
Section 13 of RA 7227 created the Subic Bay Metropolitan Authority
(SBMA) to develop and manage the Freeport which provides tax and
duty-free privileges and incentives to business locators in the
special economic zone.
Richard Gordon, then the mayor of the City of Olongapo, became the
first SBMA chairman.