In the 1992 local elections, Gordon was reelected as mayor of Olongapo City by a landslide victory. In 1993, a citizen questioned Gordon's dual duty as mayor of Olongapo City and as chairman of the Subic Bay Metropolitan Authority. The Supreme Court decided that Gordon must hold one position. Gordon decided to vacate his position as Mayor and assumed the position of SBMA chairman in full capacity. In the 1995 local elections, his wife Katherine, a three-term Congresswoman, was elected mayor of Olongapo. In the 1996 APEC Summit, 18 world leaders were impressed with the facility and Subic became a new investment hub in Southeast Asia. Bluechip companies like FedEx Express, Enron, Coastal Petroleum now El Paso Corporation, Taiwan computer giant Acer and France telecoms company Thomson SA invested US$2.1 Billion in the freeport reinvigorating the economy and creating 200,000 jobs replacing those lost during the US Navy withdrawal.