Search results
Results From The WOW.Com Content Network
On the same day the freeport's director, Nolan Gray, announced that he was leaving; the Tees Valley Combined Authority (TVCA) said that the role which was created in 2021 was no longer necessary and that Gray would not be replaced. [11] The inquiry reported in January 2024. It found no evidence of corruption, but criticised lack of transparency.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
Freeport Container Port covers a 72-hectare (180-acre) area with docks stretching 1,037 metres (3,402 ft) and a draught of about 16.1 metres (52 ft 10 in). FCP can handle ships up to 16,100 TEUs , and is equipped with three berths averaging 15 metres (49 ft) in depth.
Currently, FAB is the third largest freeport zone in the country based in the number of investors and employment created, behind Clark Freeport and Subic Freeport. The value of exported products reached more than US$ 1.05-billion for the year 2023 [ 11 ] from the 44 manufacturers operating in the freeport, employing roughly 40,000 personnels.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
PT Freeport Indonesia (PTFI) is the company that currently manages Grasberg mine. The mining company is a joint venture between Indonesian and American interests, with the Indonesian government through its state-owned company PT Mineral Industri Indonesia (MIND ID) and PT Indonesia Papua Metal & Mineral, a company co-owned by MIND ID and ...
Subic Freeport's population of at least 6,000 people is concentrated in the Kalayaan and Binictican areas. [16] Portions of the Subic Freeport area form part of a formally recognized ancestral domain of the Aetas, an indigenous ethnic group living in the area prior to its usage as a US military base. A significant Aeta settlement in Subic is ...
The 2023 Omnibus Law on Job Creation, officially the Act No. 6 of 2023 On the Enaction of Government Regulation in Lieu of Act No. 2 of 2022 On Job Creation into Act (Indonesian: Undang-Undang Nomor 6 Tahun 2023 Tentang Penetapan Peraturan Pemerintah Pengganti Undang-Undang Nomor 2 Tahun 2022 Tentang Cipta Kerja Menjadi Undang-Undang) is an Indonesian act which made the Government Regulation ...