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The Philippine Economic Zone Authority ( PEZA ), formerly known as the Foreign Trade Zone Authority ( FTZA) and Export Processing Zone Authority ( EPZA ), is a Philippine government agency attached to the Department of Trade and Industry . It was created to help promote investments in the export-oriented manufacturing industry into the country ...
Website. afab.gov.ph. The Authority of the Freeport Area of Bataan (AFAB) is a government agency attached to the Office of the President of the Philippines that operates and manages the Freeport Area of Bataan (FAB) in Mariveles, Bataan, Philippines. It was created on October 23, 2009 through RA 9728 and took over the zone's operations and ...
The value of exported products reached more than US$ 1.05-billion for the year 2023 [13] from the 44 manufacturers operating in the freeport, employing roughly 40,000 personnels. In addition, in a report released by Commission on Audit (Philippines) , FAB is among the top ten GOCCs ( Government-owned and controlled corporations with PhP 43.68 ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The Cavite Export Processing Zone was created by virtue of Presidential Proclamation Nos. 1980 and 2017 issued on May 30 and September 19, 1980 respectively. It later evolved into the Cavite Economic Zone when Philippine President Fidel V. Ramos signed into law the Special Economic Zone Act of 1995 on February 24, 1995.
Authority of the Freeport Area of Bataan. FAB website. Cavite Economic Zone. Rosario and General Trias, Cavite. Luzon. Philippine Economic Zone Authority. Clark Freeport Zone. Angeles City and Mabalacat, Pampanga, and Capas and Bamban, Tarlac. Luzon.
Baguio City Economic Zone. Coordinates: 16°22′47″N 120°37′05″E. Baguio City Economic Zone is a manufacturing special economic zone (MSEZ) located in the city of Baguio in the Cordillera Administrative Region. It is operated by the Philippine Economic Zone Authority (PEZA), an agency in charge of developing and operating special ...
Bell Trade Act. The Bell Trade Act of 1946, also known as the Philippine Trade Act, was an act passed by the United States Congress specifying policy governing trade between the Philippines and the United States following independence of the Philippines from the United States. [ 1][ 2] The United States Congress offered $800 million for post ...