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Pacquiao bid for ecozone in peril

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Boxing icon and Sarangani Rep. Emmanuel “ Manny” Pacquiao’s bid to put up an economic zone in South Cotabato is in peril due to the delay in the submission of required documents.

Lilia de Lima, director general of the Philippine Economic Zone Authority, said Monday that Pacquiao and his company had not submitted requirements to Peza since the proposed ecozone was approved in 2009.

De Lima said in an interview with reporters that a proponent has five years from project approval to complete the requirements to put up an ecozone.

Failure to submit within the timeframe means that the approval of the proposed ecozone of Pacquiao’s company, Manny Pacquiao Heights Development Corp., may be lifted in 2014.

“They haven’t submitted anything,” De Lima said.

Requirements include endorsements from the local government, verified survey returns, and clearances from government agencies including the Departments of Agriculture, Agrarian Reform, Tourism and Health.

Pacquiao’s company earlier proposed to invest P1.2 billion in the ecozone, which was supposed to house companies engaged in tourism and information technology.


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Tags: Business , many pacquiao , south cotabato ecozone

  • valsore

    C’mon people, give Pacquiao a slack. He is still dazzled and unfocused from his successive defeats.

  • barok

    Malamang meron kumita at kumik-back na pastor dito. Eymen!

  • Mark

    Problema kay Manny Pacquiao ay napalibutan ng Trapo, kaya ung plano nyang Ecozone ay pangkampanya lang. Ano ung 1.2Billion sa kanya, kaya nyang gastusan un mag-isa kung gugustuhin nya. Ang problema ay nahalal na sya sa pwesto kya kalimutan na ung ecozone na un. Sa susunod sa eleksyon ulit maririnig ung ecozone na un.

  • Roland_F

    Tourism industry in South Cotabato ?!?

    What kind of tourism is that ?
    Maybe adventure tours as fitness exercise in Muslim insurgency training facilities.

  • Pilipinas Blogger

    Expected na ito. Mas mabuti pa siguro na tulungan nya mga atletang pilipino. Pagawa sya ng malawak na Sports Complex. Gayahin nya pinagdausan ng 2008 beijing olympics.

  • jamgabsam

    crabs…

  • http://www.braintecs.com wishfull thinking

    Kala ko ba kung asa gobyerno ka eh aalisin mo na ang pagaari ng business? Wala na palang ganun…private business pala at government service ay iisa na lang!

  • UrHONOR

    BAKIT, anong round na ba?



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