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The list includes general SEZs and the more specific free trade zones and free ports, managed either by the Philippine Economic Zone Authority or held privately. As of April 30, 2016, there were 345 operating economic zones throughout the Philippines.
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity .
4 days ago · “Free Trade Zone” refers to an isolated policed area adjacent to a port of entry (such as a seaport) and / or airport where imported goods may be unloaded for immediate transhipment or stored, repacked, sorted, mixed, or otherwise manipulated.
Philippine Economic Zone Authority (PEZA) promotes the establishment of economic zones in the Philippines for foreign investments.
Aug 6, 2021 · Free zones are generally established for the following purposes: · To encourage export-oriented investment and production, · To accelerate foreign direct investment and technology entry, · Directing businesses to export, · To develop international trade. Free Zone Incentives.
The World Free Zones Organization (World FZO) Atlas, curated by the World FZO Observatory, maps out all free zones and special economic zones around the world and provides insight into their industry focus and operations.
review proposals for the establishment of ecozones based on the set criteria under Section 6 (Criteria for the Establishment of Other Ecozones) and endorse to the President the establishment of the ecozones, industrial estates, export processing zones, free trade zones and the like.
