The Philippine Economic Zone Authority (PEZA) proclaimed MetroCas Industrial Estates in Cavite as a special economic zone.
PEZA said the proclamation signifies a monumental step towards driving innovation, economic growth and employment generation in the Philippines and lays the groundwork for the creation of an environment conducive to industrial development, trade, and investment.
MetroCas Properties Inc. is the owner-developer and operator of the Township Project with Self-Use Port Facility – Special Economic Zone.
“With this registration agreement signing comes the fruition of innovative and exemplary ideas of MetroCas Properties Inc. as well as technological advancements dedicated to bringing forth waves of economic growth and development for the country,” said PEZA director-general Tereso Panga.