The fortified powers and expanded area of jurisdiction of the territorial operations of the Authority of the Freeport Area of Bataan (AFAB) under Republic Act 11453 is one of the best options for the province near the roadway of industrialization.
Engineer Ricardo C. Herrera, Bataan provincial assessor, cited the significant outcome of President Duterte’s approval of the law authored by Rep. Jose Enrique S. Garcia, lll of the 2nd Congressional District, extending the Bataan Freeport territory to include the rest of Bataan towns and city, alienable and disposable lands and municipal waters.
In view of the latest economic thrust, Engineer Herrera has revealed the proposed P 600 million development scheme of 65 hectares strategic industrial site in the upland village of Mountain View, Mariveles.
Engineer Herrera stressed that industrial estate developer, Ms, Maria Concepcion Beltran has formally signed a memorandum of agreement with FAB chairman and administrator Emmanuel Pineda for the upgrading of the location as industrial hub to provide first class accommodations to local and foreign locators .
Based on the conceptualized plan, the new industrial estate would offer 43 slots each with an area of 5,000 square meters, with 2 kilometer four-lane concrete road and drainage system, construction of an P 18 million concrete bridge and other conveniences for workers and corporate personnel.
These would create more productive employment opportunities, local revenues, accelerated infrastructure developments and other meaningful socio, health and educational conveniences.