|
|
Article: PHILIPPINE ECONOMIC ZONES DEPUTIZED TO RECEIVE PJT APPLICATIONS.
- Article from:
- AsiaPulse News
- Article date:
- March 16, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MANILA, March 16 Asia Pulse - The Board of Investments (BOI) has deputized the special economic zones of Clark and Subic to receive and evaluate applications of projects that seek to register with the BOI but are locating in these ecozones.
The deputation was made possible with the signing of a memorandum of understanding (MOA) between the Department of Trade and Industry-Board of Investments (DTI-BOI), Subic Bay Metropolitan Authority (SBMA) and Clark Development Authority (CDC).
Trade Secretary Peter B. Favila said the MOA has paved the way for a smoother flow of investments in the country as investment promotion agencies of the government harmonizes ...