At least 4,100 workers in two garment firms at the Mactan Export Processing Zone in Lapu-Lapu City, the biggest export-oriented economic zone outside Luzon, have been laid off.
The MEPZ, which opened in 1979, has two zones—MEPZ 1 and MEPZ 2—both located in Lapu-Lapu City and employ at least 100,000 workers, according to city government records. Most of the business firms are Japanese-owned.
MEPZ 1 is a 120-hectare industrial zone which hosts approximately more than 100 companies. Among the products being manufactured in the zone are semiconductors, watches, fashion accessories and jewelry, among others.These products are exported mainly to Japan and the United States. MEPZ 2, on one hand, approximately covers 63 ha with around 50 locators. Like MEPZ 1, most of the products in MEPZ 2 are electronic, automotive and garments that are being exported not only in Japan but also in the United States and other countries.
In 2020, about 4,400 workers at MEPZ were laid off amid the economic slowdown caused by the pandemic. Two years later, at least 3,000 other MEPZ workers also lost their jobs amid another round of retrenchment.Your subscription has been successful.
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