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SBMA offers 16-year tax exemptions for ₱7-billion Subic airport modernization

Summary by Manila Bulletin
The winning bidder for the ₱7-billion concession to transform Subic Bay International Airport (SBIA) into a world-class logistics hub will receive a generous government incentives package, including national and local tax exemptions.The Public-Private Partnership (PPP) Center noted that the project’s implementing agency, the Subic Bay Metropolitan Authority (SBMA), will offer a competitive slate of incentives to support long-term private investm…

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Manila Bulletin broke the news on Thursday, August 20, 2026.
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