SBMA to close down Ocean Adventure Parkhome/News/Regions/SBMA to close down Ocean Adventure ParkSUBIC BAY FREEPORT ZONE: The Subic Bay Metropolitan Authority (SBMA) on Friday announced it is set to repossess the popular marine theme park Ocean Adventure and related facilities due to multiple contract violations and failure to fulfill development commitments. In a statement released to the media, SBMA Chairman and Administrator Wilma Eisma said the agency had served a notice of pre-termination of contract to the Subic Bay Marine ExploratoriumInc. (Sbmei), which operates the Ocean Adventure marine theme park complex. SBMA cited failure to comply with its lease contract, violations committed like illegal subleasing of property, constructing without permits, improper storing of waste, and closing public roads. However, its multiple contract violations have been a long-festering problem that must be addressed now,” Eisma said. Then SBMA will give Sbmei 24 months to slow down its activities at the 11.6-hectare developed area that includes the Ocean Adventure Park, the Camayan Beach, and the newly-opened Adventure Water Park.

Source: Manila Times September 27, 2019 16:39 UTC