Rustico Machica / Atomy Kalos Group / March 19, 2024
The Philippine Senate has given its third and final nod to the creation of the Bulacan Special Economic Zone and Freeport (BuZ), aiming to strike a balance between economic development and environmental sustainability. Spearheaded by Sen. Grace Poe and Majority Leader Joel Villanueva, the initiative promises to transform Bulacan into a model economic zone in Asia, potentially generating up to 1.2 million jobs and attracting investments ranging from P37.84 to P130.9 billion. The legislation also emphasizes local government unit (LGU) representation and environmental protection, marking a significant step towards regional and national progress.
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BusinessMirror
https://businessmirror.com.ph/2024/03/19/senate-oks-bulacan-special-ecozone-on-third-reading/
