Expanded and new ecozones seen to boost growth, jobs

Quick Summary:

PRESIDENT Ferdinand R.Marcos Jr.has proclaimed the expansion of Gateway Business Park and the creation of the NDC Industrial Estate, a new special economic zone, both in Cavite, which are expected to host a locator specializing in metalwork and three companies engaged in production of soap and other detergents, among others, according to the Philippine Economic Zone Authority (Peza).

Two of these ecozones are expected to be located in Cavite, while the four will be developed in Pampanga, Tarlac, Ilocos Sur and Cebu.

Last month, Peza said there were six ecozones pending for proclamation.

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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets: Philippines

Topics: Peza Ecozones President Industrial Business Park Gateway Companies Marcos Economic Proclaimed

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 20:55:17 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22809395

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News Last Updated: 13 hours ago

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