Philstar
PEZA eyes proclamation of more ecozones
The Philippine Economic Zone Authority (PEZA) expects 14 more economic zones to be proclaimed before the end of the year, keeping its target of 30 proclamations for 2025.
President Marcos approved four ecozones in the first semester, two of which expand a manufacturing zone in Batangas and the others are IT parks in Tagbilaran City and Bacolod City.
The proclamation of the Palawan Mega Ecozone, initially expected this year, may take place next year.
An initial 4,000 hectares out of 28,000 hectares in the Iwahig Prison colony are being turned over by the Bureau of Corrections for the Palawan project.
The groundbreaking for the Palawan Mega Ecozone is expected this month, with operations projected by 2028.
PEZA plans to develop the Palawan ecozone through a public-private partnership, potentially hosting industries such as electric vehicle production, advanced manufacturing, green ores processing, nano technology, knowledge-based and AI-driven sectors, and medical-related fields, as well as agro-processing companies.
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