SUBIC BAY FREEPORT: The Subic Bay Metropolitan Authority (SBMA) administrator said the agency has approved the development of a $798 milion solar farm and industrial estate at Redondo Peninsula so that more manufacturing companies and light to heavy industries can locate here.

SBMA Administrator Wilma Eisma, speaking to members of media, announced that the project proposed by Singaporean-based Dynamic Konstruct International ECO Builders Corp. (Dkiebc) will rise on a 982-hectare property inside the Subic Bay Freeport Zone.

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