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Subic Bay, the Philippines' first free port, continues to be one of the country's major economic engines with more than 700 investment projects, including the 4th largest shipbuilding facility in the world (Hanjin Heavy Industries and Construction (HHIC)). Currently upgrading its port facilities through the Subic Bay Port Development Project and forging ties with the Clark Special Economic Zone in Angeles City, Pampanga to form the Subic-Clark Corridor via the 45-kilometer Subic-Clark-Tarlac Expressway, these once bastions of western military might are now being positioned to become the most competitive international service and logistics center in Southeast Asia.

As a destination, Subic Bay has maintained its allure that once charmed US servicemen and their families. Its community continues to preserve and protect the bay, its surrounding forests and its flora and fauna. Interesting sights to see are its resident eco-tourism theme parks, the Ocean Adventure, the country's only open-sea marine park, Zoobic Safari, and the Pamulaklakin Nature Park which is home to the indigenous Aetas who once trained the U.S. Navy in jungle survival tactics.

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