Enactment of Camarines Sur Free Trade Zone to Boost Economic Growth

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 39 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 55%

Economy News

Camarines Sur,Free Trade Zone,Economic Growth

Rep. Luis Raymund Villafuerte pushes for the creation of the Camarines Sur Free Trade Zone to stimulate economic growth in the region. The measure aims to generate investments and create quality jobs outside Metro Manila.

Camarines Sur Rep. Luis Raymund Villafuerte pushed for the enactment of a measure that will create the Camarines Sur Free Trade Zone that aims to spur economic growth in the region.

Villafuerte, author of House Bill 3681 which seeks the creation of the CamSur economic zone, the bill once enacted will also help President Ferdinand Marcos Jr. to meet his goal of creating an environment that is much more conducive to generating investments and creating quality jobs. “And I believe one sure way to create abundant jobs and investment opportunities outside the national capital that would turbocharge regional growth is to put up more SEZs in the regions that would become magnets for local and foreign direct investments,” he added.Villafuerte in a statement noted that the domestic economy is seen to grow by about six percent this year, which is at the lower end of the already downgraded government target of six percent to seven percent.

Camarines Sur Free Trade Zone Economic Growth Investments Jobs Metro Manila

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

100 women from Camarines Sur get free HPV DNA testing, breast exam through GMA Kapuso FoundationAbout 100 women from Gainza town in Camarines Sur underwent free HPV DNA testing and breast exam that were available through the initiative of the GMA Kapuso Foundation with the Bicol Medical Center.
Source: gmanews - 🏆 11. / 68 Read more »

Lola sa Camarines Sur, nagdiwang ng ika-100 kaarawanNagdiwang ngayong Marso ng kanyang ika-100 kaarawan si Lola Felicidad 'Edad' Collantes Caguimbal ng Del Gallego, Camarines Sur.
Source: gmanews - 🏆 11. / 68 Read more »

Leech enters eye of hiker in Camarines SurEncountering leeches is one of the challenges faced by hikers who like to immerse themselves in nature. It's difficult enough to remove once it attaches its body to our skin, but what if it enters our eye?
Source: gmanews - 🏆 11. / 68 Read more »

Dog beaten to death by neighbor in Camarines SurA woman has called for justice for the death of her dog, which was killed by a neighbor on Sunday in Bato, Camarines Sur.
Source: gmanews - 🏆 11. / 68 Read more »

Scorching Temperatures Expected in Camarines Sur and CagayanCamarines Sur and Cagayan in the Philippines will experience scorching temperatures today, with Camarines Sur reaching up to 46 degrees Celsius and Cagayan up to 43 degrees Celsius. Metro Manila will also be hot at 39 degrees Celsius. Despite the heat, some areas may still have isolated downpours and thunderstorms. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) advises the public to limit outdoor exposure and stay hydrated.
Source: TheManilaTimes - 🏆 2. / 92 Read more »