City treasurer extols Bataan solon for his foresight of expanding ecozones

City treasurer extols Bataan solon for his foresight of expanding ecozones

City treasurer extols Bataan solon for his foresight of expanding ecozones

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BALANGA CITY, Bataan – City treasurer Joselito Evangelista has commended the plan of Bataan second district Representative Jose Enrique S. Garcia III of formulating a systematic dispersal of special economic zones under the auspices of the Authority of the Freeport Area of Bataan to boost the progressive industrial atmosphere in the historic peninsula.
The City Treasurer of Balanga has stressed the highly-regarded organizational arrangement proposal of Congressman Garcia as a fundamental step to achieve socio-economic growth of Bataan which is one of the foremost investment hubs in Central Luzon.
Evangelista gave emphasis on the more tangible outcome with approval of the House Bill sponsored by Congressman Garcia of setting-up ecozones in the eleven municipalities and the component city of Balanga which effectively accelerates development in the countryside .
With the local authorities’ long-range investment plans, the legislative regulations would further push economic headway in the selected strategic eco-industrial zone targets with more revenues, employment opportunities, more exports and other productive activities beneficial for the local government units, Evangelista said.
Big corporations, both domestic and foreign, have opted to expand their power plants, garments, electronics and other highly required semi-conductor gadgets at the country’s first export processing zone in Mariveles town.
The operation of more economic zones in Bataan would speed-up industrialization process and improve the national and local economy to be more competitive with other neighboring Asian countries

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