Bataan, a favorable  investment hub

Bataan, a favorable investment hub

Bataan, a favorable investment hub

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CITY of BALANGA, Bataan- A prominent lawyer has quantified the unparalleled and profitable prospects in investment in Bataan as the foremost stimulating factor which persuasively heartens locators to put up commercial and industrial enterprises.
Lawyer Ildefonso C. Tario who came to the province in July 1984 to work as assistant division chief of the Industrial Relations Office of the Bataan Export Processing Zone (BEPZ) in Mariveles town, this province, has described the several financial advantages and the business-friendly atmosphere in the historic peninsula compared to other provinces in Central and Northern Luzon.
He pointed out the proliferation of commercial banks and other financial establishments is a delightful assurance of booming local trade and industry scenario as foreign-owned manufacturing firms are eyeing to relocate their operations at the strategically located economic zones and industrial estates in Bataan.
The premium routine economic diversity of the province has clearly registered in universal banking exhaustive feasibility studies conducted to rationally determine the business productive arrangement leading toward the path to economic prosperity.
Lawyer Tario has explained the comprehensive expansion plan of banks includes data on extremely favorable and healthy corporate environment, excellent peace and order situation, availability of competent work force both technical and professional ,proximity to numerous freeports, government fiscal and non-fiscal incentives, good governance and other socio-economic program to uplift the quality of life of the residents.
Likewise, Lawyer Tario has also emphasized the existing port and depot terminals in the coastal villages of Mariveles town has tremendously hastened the delivery of petroleum products, imported raw materials, grains and other essential cargoes to industrial facilities located in the island of Luzon which eventually partially solve traffic congestion in Metro Manila and of Manila.

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