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The Philippine Congress then passed the Freeport Area of Bataan Act (Republic Act 9728), which was enacted into law on October 23, 2009. This Act converted BEZ into FAB, and created AFAB which started to partially operate and manage the zone in conjunction with PEZA from October 2009 to June 29, 2010.
Members of the Board are Undersecretaries representing nine (9) key government Departments, to ensure efficient coordination between PEZA and their respective Departments on matters pertaining to investors' operations inside the Special Economic Zones. PEZA inherited the three public ecozones under EPZA. PEZA acquired Pampanga Economic Zone in ...
This is the list of special economic zones (SEZ) in the Philippines created and mandated by the Congress of the Philippines through legislative enactments both by the House of Representatives and Philippine Senate.
Philippine Ecozones are generally administered by the Philippine Economic Zone Authority through a board (PEZA Board), attached to the Department of Trade and Industry. The PEZA Board sets the general policies on the establishment and operations of the Ecozones, industrial estates, export processing zones, free trade zones, and the like. [46]
The Freeport Area of Bataan (FAB), formerly known as Mariveles Free Trade Zone from June 21, 1969 to November 20, 1972, and primarily as Bataan Export Processing Zone (BEPZ) and Bataan Economic Zone (BEZ) from November 20, 1972 to October 23, 2009 and secondarily from October 23, 2009 to June 30, 2010), is a special economic zone in Mariveles, Bataan, Philippines.
Phividec is partnered with the Philippine Economic Zone Authority (PEZA). Locators within the PIEMO benfits from tax incentives under the CREATE Law. [7]The estate is the site for processing plants of agricultural produce in Northern Mindanao such as corn and pineapple from Bukidnon and Misamis Oriental.
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