Global Terminals and Development Inc. (GTI) was incorporated in November 27, 2003 with principal address at Global Industrial Park (Former SRF Compound), Central Business District, Bay Freeport Zone. It is one of the biggest property development and leasing companies in Subic Bay Freeport Zone.
In April of 2003, GTI proposed to develop the former US Navy Ship Repair Facility (SRF) and was duly approved by the Subic Bay Metropolitan Authority (SBMA) Board of Directors in 2004. This SBMA Board approval includes the transfer of the Operations and Management of Alava, Rivera and Bravo Piers and as stated in the Lease Agreement between GTI and SBMA dated March 24, 2004. GTI together with the SBMA conducted the Master Planning of the whole SRF Area in 2004 to 2005.
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