Economy
Philippines Expands Economic Zones, Establishes New IT Park to Boost Investment
Philippine President Ferdinand R. Marcos, Jr. has officially proclaimed the expansion of economic zones in Cavite and Batangas, along with the establishment of a new IT park in Negros Oriental. These moves aim to attract foreign investment and revitalize the domestic economy.
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- Philippines Expands Economic Zones, Establishes New IT Park
The Philippines will expand existing economic zones in Cavite and Batangas, near Metro Manila, and establish a new Information Technology (IT) park in Negros Oriental. This move is part of the government's strategy to attract foreign investment and boost job creation.