The Manila Times

Bong Go backs plan for economic zone in Bulacan

- JAVIER JOE ISMAEL

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.

Newspapers in English

Newspapers from Philippines