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SBMA meaning in Governmental ?

Answer» What is Subic Bay Metropolitan Authority mean?

The Subic Bay Metropolitan Authority (abbreviated as "SBMA") is a governmental agency of the Philippine government. Sometimes abbreviated as SBMA, the agency has played a significant part in the development of the Subic Bay Freeport and the Special Economic Zone into a self-sustainable area that promotes the industrial, commercial, investment, and financial areas of trade in the zone as well as in the country of the Philippines itself.

The area of jurisdiction of SBMA includes the erstwhile U.S. Naval Base Subic Bay, parts of Redondo peninsula where the Subic Hanjin shipyard is located, and erstwhile US defence accommodations in the hills consisting of Binictican and Kalayan housing areas.

The SBMA is currently headed by former Public Affairs and Contributions manager of Philip Morris Fortune Tobacco Company Inc. (PMFTC) Atty. Wilma T. Eisma as Chairman & Administrator.

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