27 ecozones proclaimed under Marcos administration

27 ecozones proclaimed under Marcos administration

Peza OKs P15B worth of new investments

Philippine Economic Zone Authority

A total of 27 new economic zones or expansion have been proclaimed under the Marcos administration, industrial hubs that will soon be added to the more than 400 that are currently operating in the country.

Tereso Panga, director general Philippine Economic Zone Authority (Peza), on Tuesday told reporters there were 11 Presidential proclamations for these economic hubs issued in 2023 and 16 this year.

Article continues after this advertisement

“(They’re) a mix of IT and also manufacturing ecozones,” Panga said, adding that investments of P75 billion have been allotted for these new economic zones.

FEATURED STORIES

READ: Peza expects approved investments to rise by 10% in 2025

The new ecozones that were established under proclamations in 2023 include Robinsons Cyberpark Bacolod in Bacolod City; two land expansion for the Lima Technology Center in Malvar, Batangas; expansion for the Hermosa Ecozone Industrial Park in Bataan; Felcris Centrale IT Park in Davao City; and Philtai Central Luzon Industrial Park in Pampanga.

Article continues after this advertisement

Completing the list in 2023 are ECCO 4 Building in Baguio; Naga City Industrial Park in Camarines Sur; Lopue’s Mandalagan IT Center in Bacolod City; Marina Town Dumaguete in Negros Oriental; and two land expansion for the Kamanga Agro-Industrial Economic Zone in Sarangani.

Article continues after this advertisement

Meanwhile, the proclamations in 2024 include two more land expansion for the Lima Technology Center; SevinaPark Commercial in Biñan City; ArcoViaCity in Pasig; MetroCas Industrial Estates-SEZ in Cavite; Taft East Gate in Cebu City; TupiIT Park in South Cotabato; Victoria Industrial Park in Tarlac; two land expansion for the Gateway Business Park in Cavite; Grid in Iloilo; NDC Industrial Estate in Cavite; TARI Estate in Tarlac; land expansion for the West Cebu Industrial Park in Cebu; and Xentromall Antipolo in Rizal.

Aside from the new economic zones, 427 are also currently in operation in various locations across the Philippines.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: ecozones, Marcos administration

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.