A senior lawmaker on Thursday asked two House committees to greenlight the establishment of a special economic zone in Camarines Sur, which has been recognized as the country’s most business-friendly province for three consecutive years and is considered one of its top economic performers.
And in creating jobs in CamSur and the rest of Bicol, Villafuerte said the establishment of the proposed special ecozone would not only boost the region’s growth and development, but would also encourage Bicolanos to stay put in their home provinces instead of flocking to Metro Manila—thereby helping the national government attain its twin goals of decongesting the National Capital Region and stimulating growth in the countryside.
Villafuerte, also president of the National Unity Party, said at the joint hearing that he had supported all proposed legislations in the past on the creation of SEZs in various provinces, on the belief that such ecozones, once established, would boost growth and generate jobs, especially outside Metro Manila.
“Our proposed CamSur Ecozone is expected to overcome all the difficulties faced by other areas that had previously sought SEZ declaration,” Villafuerte said. “It is worth mentioning that CamSur already has two operational and successful economic zones in place that have created jobs, generated income, attracted investments and engendered technology transfer for our province,” he said.
Source: News Formal (newsformal.com)
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