Search results
Results From The WOW.Com Content Network
PEZA also assists investors who locate in service facilities inside special economic zones in the country (areas are called PEZA Special Economic Zones) which are usually business process outsourcing and knowledge process outsourcing firms. Other activities also eligible for PEZA registration and incentives include establishment and operation ...
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 ...
The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines. [1]
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 Subic Special Economic and Freeport Zone, often shortened as Subic Bay or Subic, is a special economic zone and freeport area covering portions of the city of Olongapo and the town of Subic in Zambales, and the towns of Hermosa and Morong in Bataan in the Philippines.
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.
Under the Special Economic Zone Act enacted in 1995, the Export Processing Zone Authority (EPZA) was abolished to form a better organization and the Philippine Economic Zone Authority (PEZA) was established to assume jurisdiction over all Special Economic Zones.
During the 80s and 90s, the registration process became more formalized. Different licenses were required for various types of businesses, including state-owned, private, and foreign-invested enterprises. Despite this, the regulatory environment was fragmented during this period, with multiple licenses and permits needed to operate a business.