Cavite Ecozone Expands by Over 330,000 sqm, Boosting Investment and Jobs

The Philippine Economic Zone Authority (PEZA) has signed a supplemental agreement expanding the Suntrust Ecotown Tanza-Special Economic Zone in Cavite by 331,348 square meters following President Ferdinand R. Marcos, Jr.’s proclamation adding the area to the economic zone (ecozone). The P967-million expansion is expected to attract more investments, boost exports and generate additional jobs. The ecozone hosts 65 registered enterprises and supports more than 7,900 direct workers, PEZA said. — BMDC