Olongapo SubicBay BatangGapo Newscenter

Thursday, August 18, 2005

SPECIAL BOARD FOR ECONOMIC ZONES PROPOSED

Senate Committee on Government Corporations and Public Enterprises Chairman Richard Gordon today urged the Special Economic Zones in Luzon to create a council consisting of representatives of each zone to ensure the projects that each of them undertakes complement the development of the whole region.

“There is a need for an executive body that will make sure that the marketing and promotion, peace and order, labor, airport and seaport operations in each economic zone are in synch with each other,” said Gordon.

He said the special economic zones have created infrastructures but have failed to create business opportunities in their areas. “The existing airports and highways are supposed to maximize economic activities in these zones. They will be useless unless we intensify our promotion and bring in investors that will create business and employment,” Gordon emphasized.

During the committee hearing today, Gordon cited as example of this the increase in demands of low-cost carriers for trips to neighboring countries like Singapore which has attracted many Filipinos. Gordon said that the Philippines has allowed these countries to “come in and take our market instead of aggressively promoting in these regions to attract and take them to the Philippines.”

The proposed council will compose of representatives of the Bases Conversion Development Authority, Clark Development Corporation, Subic Bay Metropolitan Authority, Poro Point Management Corporation, and other concerned government agencies and will regularly meet to discuss ongoing and proposed development projects.

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