VIRAL DUTERTE NEWS - P125 BILLION INTEGRATED ECONOMIC ZONE PROJECT UNDER DUTERTE ADMIN TO RISE IN QUEZON PROVINCE. MUST WATCH THIS!

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Businessman Philip Cea, owner of

the F1 Hotel in Bonifacio Global City, is earmarking as much as P125 Billion

for the development of the Greater Lucena Integrated Economic Zone Project in

Mauban, Quezon.

Philippine Economic Zone Authority

(PEZA) Director General Charito Plaza said the 1,500-hectare development has

been approved recently by PEZA and is now at the Office of the President

awaiting for presidential proclamation.

“It will be a mixed zone because he

will put up an airport, a seaport, manufacturing industrial zones, and a

tourism component like theme parks,” Plaza said.

Data provided by PEZA showed that

total land development cost for the 1,500-hectare project is at P75.77 billion.

Another P25 billion each, meanwhile, are allotted for the development of the

airport and an international seaport.

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“Mr. Cea will also donate 200

hectares for the proposed National Government Center where we will relocate

Malacañang, the executive, legislative, and judiciary. He is offering it to the

President, to the government so that the branches of government will be located

in a one-stop shop,” Plaza said.

Plaza said the proposed National

Government Center is targeted to help decongest Metro Manila.

“So what will happen to Metro

Manila? This will be decongested. This will become only a commercial and

residential area. If the President will be convinced to transfer and put in one

area the main offices of the three branches, Malacañang, for example, can just

become a museum,” she said.

PEZA is currently urging more

property players to divest their development portfolio into industrial zones as

the agency looks to set up more economic zones across the country.

Plaza said her goal is to turn the

idle lands in the country into productive areas, depending on their potential.

“With the program of PEZA to build

economic zones everywhere, we can already decongest Metro Manila by asking the

jobless people and the homeless to go back to their provinces because there are

already jobs there,” she said.

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SOURCE: PINOYNEWZ

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