Marcos expands Cavite ecozone

MANILA, Philippines — President Marcos has allocated parcels of land to expand the area of an economic zone in Noveleta, Cavite.

The parcels of land to be included in the Cavite Economic Zone II are situated in Barangay Sta. Rosa I, according to Proclamation 1460 dated Sept. 28.

The proclamation provides that 14,640 square meters of land will be added to the economic zone to encourage more business activities in the area.

The proclamation was issued pursuant to the Special Economic Zone Act of 1995 as amended by Republic Act 8748, and upon the recommendation of the board of directors of the Philippine Economic Zone Authority.