It may be awhile before those massive bases restored because the gov’t there made them to Freeport Zone with international airports within, they’ll have to relocate those freeports and international airports.
From an earlier post from a Freeper who is a military retiree residing in the Philippines, he said in post #34 that this new agreement, if it ever becomes a reality, will not involve our retaking total control of our former Philippine bases in Subic Bay or Clark Air Force Base in Angeles City.
Instead, we will be allowed to use the existing facilities for resupply, minor repairs and R&R. We will not be allowed to permanently station any ship, squadron or unit there and only be allowed to station a skeleton force at each base for logistic support of the mission, small enough to not disrupt the business activity currently going on in the former bases. There will not be thousands stationed at each base as there were during the base days.
It doesn't appear that the businesses/resorts there will be relocating or closing. With the billions these businesses (international corporations)/resorts have sunk into the former bases in the 20 years since we were kicked out, I doubt the PI Government can afford to move them or reimburse them for their loss.