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Thursday, March 28, 2024

AFAB starts dev’t of Samal ecozone

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The Authority of the Freeport Area of Bataan (AFAB) held on Friday the groundbreaking ceremony of its first-ever FAB Expansion Area in the municipality of Samal as it inaugurated developments for the rise of the Samal Ecozone.

The AFAB said the Samal Ecozone was envisioned to be a key driver of economic growth where various companies, businesses, and industries are anticipated to flourish and open up opportunities for the people of Samal and its neighboring towns.

The event also marked the cooperation between the municipality of Samal under Mayor Alexander Acuzar, and the leadership of High Tech Global Cement Corporation (HTGCC), a major developer of the ecozone’s 27.53-hectare site and infrastructure developments AFAB marketing chief Kelvin Rae Rodriguez expressed the continued support and cooperation of the agency in ensuring the successful establishment and growth of the ecozone.

Acuzar, on the other hand, said that the local government will pursue industrial and leisure companies to locate and operate in the ecozone. AFAB has already declared and registered a total of 18 FAB Expansion Areas (FEAs) aimed to attract investments, generate more jobs, and facilitate larger economic activities in the province. 

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