Senate OKs Bulacan ecozone bill

SENATE Minority Leader Aquilino Pimentel III on Monday said the legislators should pay attention to the constitutional requirements meant to ensure that government-owned and controlled corporations are created based on their economic viability.

Twenty-two senators voted for the approval of the measure seen as a growth catalyst for Central Luzon.“Just a reminder because that lack of test of economic viability, I used as an argument in my petition questioning the MaharlikaInvestment Corporation which is a GOCC… There is a saying that ‘haste makes waste’ and the best example…was the first version of this bill that was already vetoed by the President,” Pimentel said.

“I hope that we have really addressed all those concerns. Let not the saying be proven a second time, Mr. President… Let us devote the time before the finalization of this measure in the bicam productively. Make sure that the measure is compliant with the constitution,” Pimentel stressed. “I am proud to say through our collective brainstorming, we have crafted a vastly improved bill that adheres to constitutional provision on land conversion; that balances economic growth with environmental protection; and that warrants greater LGU representation at its helm,” said Poe, chairperson of the Senate pubic services committee.

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