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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 list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic ...
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 ...
Baguio City Economic Zone is a manufacturing special economic zone (MSEZ) located in the city of Baguio in the Cordillera Administrative Region. It is operated by the Philippine Economic Zone Authority (PEZA), an agency in charge of developing and operating special economic zones in the Philippines . [ 1 ]
In early 1972, three congressmen — Roman, Roces, and Sarmiento - sponsored the bill to convert the free trade zone authority into government corporation. This would grant the power of a corporation combined with the coercive strength of the Philippine Government to move the project ahead, especially regarding the relocation of residents.
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 ...
While the Subic Special Economic and Freeport Zone (as well as the agency responsible for the freeport zone's operations and management Subic Bay Metropolitan Authority (SBMA)) shares a name with a nearby town, it covers portions of Olongapo and the town of Subic in Zambales, and Hermosa and Morong in Bataan. It covers a total area of 67,452 ...
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By nature of its operation, Zamboanga Freeport Authority is unique being both an economic zone and free port and is the only free port in Mindanao. [ 1 ] ZAMBOECOZONE is a self-contained multiple layered economic free port zone offering 100% foreign business ownership with fiscal and non-fiscal incentives for investors who wish to locate in ...