“President Ferdinand Marcos Jr. has signed two proclamations for the expansion and creation of special economic zones (ecozones) in Batangas and Iloilo, which are projected to attract P2.05 billion [USD 34M] in investments and create more than 4,000 new jobs.”
“Under Proclamation No. 1127, four parcels of land in Barangays Pagaspas and Trapiche in Tanauan City, Batangas, are transformed and integrated into the existing First Industrial Township–Special Economic Zone (FIT-SEZ).”
“The FIT-SEZ currently hosts 14 Philippine Economic Zone Authority-registered enterprises employing 1,634 workers.”
“[Executive Secretary] Recto said the expansion is expected to attract additional manufacturing locators, generating P1.5 billion in new investments and creating 1,850 more jobs.”
“The IT park is projected to attract P550 million in investments and create 2,200 jobs, strengthening Iloilo’s position as a growing hub for information technology and business process services, said Recto.”
https://newsinfo.inquirer.net/2167707/recto-on-special-economic-zones