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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.
The Bataan Economic Zone (BEZ) converted into FAB on October 23, 2009 was separated from PEZA when it fully turned over the zone's operations and management to another government agency Authority of the Freeport Area of Bataan (AFAB) on June 29, 2010 at 1:25 pm one day before the end of administration of President Gloria Macapagal Arroyo and ...
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.
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.
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 Cagayan Special Economic Zone and Freeport, also known as Cagayan Freeport, is a special economic zone in Cagayan Province, northern Luzon, in the Philippines.It is envisioned to be a self-sustaining industrial, commercial, financial, tourism, and recreational center, in order to effectively encourage and attract legitimate and productive local and foreign investments and eventually create ...
On April 11, 2008, President Gloria Macapagal Arroyo issued Proclamation No. 1495, creating and designating 1,072 hectares (2,650 acres) of the 1,072 hectares (2,650 acres) PIEMO as a special economic zone under PEZA. Arroyo on June 29, 2010 issued Proclamation No. 2106 which converted the whole estate as a special economic zone.
The Lima Technology Center is primarily an industrial park and is a registered special economic zone with the Philippine Economic Zone Authority.After the Aboitiz Group acquired the development in the 2010s, the area became a mixed-used development.