Bong Go backs plan for economic zone in Bulacan
SEN. Christopher “Bong” Go on Tuesday, February 27, co-sponsored Senate Bill 2572, which seeks to establish the Bulacan Airport City Special Economic Zone and Freeport in Bulacan and the creation of the Bulacan Airport City Special Economic Zone and Freeport Authority, a bid to bolster economic growth and development outside Metro Manila.
The initiative aims to create a new economic hub in Bulacan, attracting foreign investments, generating employment and increasing regional productivity.
“The bill creates the Bulacan Airport City Special Economic Zone and Freeport Authority and mandates the efficient and sustainable development of areas covered by maintaining an optimal balance between economic maximization and ecological protection,” said Go in his co-sponsorship speech.
He called for strict adherence to environmental, labor, and other pertinent laws and regulations, highlighting the importance of sustainable development practices.
Go also emphasized the collaboration between public and private sectors in driving national progress.
“It is our vision that establishing this Special Economic Zone and Freeport will attract productive foreign investments that generate employment and increase productivity,” said Go.
“This initiative is a prime example of how the public and private sectors can work hand in hand in building a better future for our people,” he added.
He highlighted the creation of the Special Economic Zone and Freeport as a strategic effort to decentralize economic activities from the congested urban areas of Metro Manila, fostering development in the countryside.
“As I said, this will go a long way towards providing jobs and other economic opportunities outside Metro Manila and will help decongest our urban areas,” added Go, underscoring the initiative’s alignment with broader efforts to encourage rural development.