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On November 20, 1972, the Bataan Export Processing Zone (BEPZ) (later Freeport Area of Bataan (FAB) since October 23, 2009, with the name was concurrently used with the BEPZ/Bataan Economic Zone (BEZ) names as the zone's secondary name when Authority of the Freeport Area of Bataan (AFAB) partially operated and managed the zone along with PEZA ...
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.
The FAB was originally designed as an Export Processing Zone. [1] Its existing infrastructures include 11 Standard Factory Buildings (SFB) with three stories each, and a total working area of 8,352 m 2 (89,900 sq ft). per SFB. It is currently home to over 50 locators engaged in manufacturing products for export ranging from tennis balls to yachts.
The Philippines' Bureau of Agriculture and Fisheries Product Standards (Filipino: Kawanihan ng mga Pamantayan sa Produktong Pansaka at Pampangisdaan, abbreviated as BAFS), is an agency of the Philippine government under the Department of Agriculture responsible for setting and implementing standards for fresh primary and secondary processed agricultural and fishery products.
As of 2021, the zone's biggest exports were radio, television and communication equipment; and transport equipment. [4] The zone was established in 1979 as the Baguio Export Processing Zone by President Ferdinand Marcos through Proclamation No. 1825. It initially had an area of 530,616 square metres (53.0616 ha). [5]
After World War II, President Manuel Roxas issued Executive Order (EO) No. 94 on October 4, 1947, creating the Department of Commerce and Industry (DCI). [4] Cornelio Balmaceda, a much sought-after professor of economics and director of the Bureau of Commerce (BOC), was appointed acting secretary of the newly created Department of Commerce and Industry.
The U.S. commerce secretary has committed to address concerns by the Philippines after American authorities held up shipments of garments on suspicion that cotton was produced by forced labor in ...
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.