CITY Mayor Maria Isabelle Climaco-Salazar has commended the efforts of the Zamboanga City Special Economic Zone (ZamboEcozone) and Freeport Authority for the construction of a new seaport in Talisayan.
On Friday, September 8, Salazar stood witness to the contract signing and kick off meeting for the new port project held in one of the local hotels.
Salazar said the project has been endorsed by the Mindanao Development Authority and the National Economic and Development Authority .
This, after the Project Development and Monitoring Facility Committee approved funding for the conduct of feasibility study and transaction advisory services for the port project on January 18, 2017.
The PDMF is a revolving fund available to government agencies for pre-investment activities of public-private partnership projects.