Thursday, January 19, 2006 (Philippines)

Chinese Ambassador to the Philippines Li Jin Jun (3rd from left) listens during the presentation of the various programs, plans and multi-dimensional developments inside Clark Special Economic Zone (CSEZ) made by Clark Development Corporation executive vice president Victor Jose I. Luciano. Also present in the briefing are Undersecretary Renato Diaz (extreme left) of the office of the Presidential Assistant for North Luzon and CDC President Antonio R. Ng (4th from left) and Clark International Airport Corporation President Danilo Francia (not in photo).(Sun.Star Pampanga photo) CLARK ECOZONE - Former President Fidel V. Ramos recently assured his support to the amendment of Republic Act 7227 or the Bases Conversion Law, as he stressed its importance in keeping investors from pulling-out their multimillion-dollar investments from the special economic zone. Members of the Clark Investors and Locators Association (Cila) said Ramos, who visited the newly-reopened Clark Expo last Friday, called on lawmakers to pass bills that would ensure tax and duty free privileges for local and foreign investors. [full story]