|
Tuesday, June 14, 2005
Export processing zone to be set up in Tagum
By Jenny Molbog-Mendoza
THE Philippine Economic Zone Authority (Peza) has approved the setting up of an export-processing zone within the Apo Industrial Estates in Madaum, Tagum City, the Department of Trade and Industry-Davao City Field Office (DTI-DCFO) reported last week.
DTI-DCFO director Teolulo Pasawa said the Apo Industrial Estates is just waiting for a presidential proclamation for the export zone to formally take off.
The industrial estate is a 366-hectare area, which is being envisioned to cater to the manufacture and assembly of light industrial, construction, and agricultural equipment and machinery as well as home appliances, plastic extrusions, and pipes and related businesses.
Aside from the aforementioned enterprises, the industrial estate will likewise include the government and commercial centers, the support facilities as well as the production areas of companies involved in businesses.
Facilities such as public transport center, security and fire protection, administrative building, medical center, public commercial center, airport and pier government office facilities.
In the development of the project, the Apo Estates Corporation (AEC), the industrial estate's developer, will also include the establishment of an eco-tourism area wherein first-class housing, a golf course and country club, vacation lots, marina facilities, and a nature theme park will be situated within the project's location.
The industrial estate will serve as an entry point for Japanese and other international products for manufacture and assembly, distribution as well as direct marketing to other areas in Mindanao and nearby BIMP-Eaga (Brunei, Indonesia, Malaysia, Philippines-East Asean Growth Area) countries.
Pasawa said the presidential proclamation would be issued soon especially that the project would bring in opportunities not just for Tagum City, but also for the entire Mindanao.
For Bisaya stories from Davao. Click here. (June 14, 2005 issue)
Write letter to the editor.Click here.
Join the Sun.Star message board.Click here. |
|
[return to top]
[home]
[network page]
|
LOCAL NEWS
BUSINESS
OPINION
SPORTS
LIFESTYLE
FEATURE
SUPERBALITA
WEEKEND
|
