P125 Billion Integrated Economic Zone Project Under Duterte Admin To Rise In Quezon Province
Businessman Philip Cea, owner of
the F1 Hotel in Bonifacio Global City, is earmarking as much as P125 Billion
for the development of the Greater Lucena Integrated Economic Zone Project in
Mauban, Quezon.
Philippine Economic Zone Authority
(PEZA) Director General Charito Plaza said the 1,500-hectare development has
been approved recently by PEZA and is now at the Office of the President
awaiting for presidential proclamation.
“It will be a mixed zone because he
will put up an airport, a seaport, manufacturing industrial zones, and a
tourism component like theme parks,” Plaza said.
Data provided by PEZA showed that
total land development cost for the 1,500-hectare project is at P75.77 billion.
Another P25 billion each, meanwhile, are allotted for the development of the
airport and an international seaport.
“Mr. Cea will also donate 200
hectares for the proposed National Government Center where we will relocate
MalacaƱang, the executive, legislative, and judiciary. He is offering it to the
President, to the government so that the branches of government will be located
in a one-stop shop,” Plaza said.
Plaza said the proposed National
Government Center is targeted to help decongest Metro Manila.
“So what will happen to Metro
Manila? This will be decongested. This will become only a commercial and
residential area. If the President will be convinced to transfer and put in one
area the main offices of the three branches, MalacaƱang, for example, can just
become a museum,” she said.
PEZA is currently urging more
property players to divest their development portfolio into industrial zones as
the agency looks to set up more economic zones across the country.
Plaza said her goal is to turn the
idle lands in the country into productive areas, depending on their potential.
“With the program of PEZA to build
economic zones everywhere, we can already decongest Metro Manila by asking the
jobless people and the homeless to go back to their provinces because there are
already jobs there,” she said.
Source: Newswatch
P125 Billion Integrated Economic Zone Project Under Duterte Admin To Rise In Quezon Province
Reviewed by Yen
on
January 17, 2017
Rating:
wow., in mauban quezon?
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