THE Philippine Economic Zone Authority (Peza) has entered into an agreement with the Bureau of Corrections (BuCor) to begin the “master planning” of the Palawan Mega Ecozone, the first mega ecozone in the country, which is seen to be operational before the term of President Marcos ends in 2028.
THE Philippine Economic Zone Authority has entered into an agreement with the Bureau of Corrections to begin the “master planning” of the Palawan Mega Ecozone, the first mega ecozone in the country, which is seen to be operational before the term of President Marcos ends in 2028.
Peza Director General Tereso O. Panga said with this agreement, the two parties have now entered the next “important” step for the ecozone development in Palawan. Catapang said with the development of this mega ecozone, “Palawan is the new frontier and we want to generate income for social development and food security.”
“The impact of this project will be felt all across the Region to include an immediate heightened trade within the context of the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area international framework,” added Panga.
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