The Subic Bay Metropolitan Authority plans to develop a smart city that is expected to spur investments and international trade in the country, SBMA chair Martin Dino said.
The smart city will be developed in the Redondo Peninsula in Zambales where the shipyard of Hanjin Philippines, now the world’s fourth biggest shipbuilding facility, and the 600-megawatt coal-fired plant of RP Energy Inc. are located.
The SBMA proposes to convert 3,000 hectares of the narrow 15-km long rugged peninsula into a new industrial park he designated as Subic 2.
“This would become Subic’s Smart City, an exclusive enclave of modern high-tech corporations and a hub for scientific development and innovation. No other site in the country could match its advantage in location and accessibility,” said Dino.