MARIVELES, Bataan – Mayor Ace Jello C. Concepcion is expecting enthusiastic progressive posture and substantial economic impact of fresh investments in manufacturing and other export industries this year.
Concepcion foresees economic boom of the historic town with the on-going improvement of the 500 hectares of San Miguel Corporation’s Special Economic Zone along the coastal village of Bian and the approval of applications of some 25 foreign and local enterprises at the Freeport Area of Bataan (FAB) are the two major economic components which would stimulate growth.
Concepcion, a former staff of the Bataan Provincial Legal Office, cited the socio-economic programs of Governor Albert Raymond S. Garcia which provide the expansion of road network, modern transportation systems and housing facilities that are accessible to workplaces investing on human resource development and other provisions for wider technical skills trainings for the youth sector.
For our counterpart, Concepcion said the local government has ensured the protection of foreign investments that provided labor intensive jobs and peaceful business atmosphere.
Furthermore, the local government is committed to enhance their relationship and balance efforts in facilitating and assisting existing and potential investors to make the town a more profitable investment destination in Central Luzon, Concepcion said.
The presence of the Freeport Area of Bataan (FAB) which is now popularly known as one of the fashion manufacturing hubs in the country as it possesses a potential bunch of companies producing high-end brands of garments, bags, jewelries, shoes and accessories with an estimated manpower of 31,000 strong and the 8,000 skilled and semi- skilled labor force of the San Miguel Corporation industrial site would greatly enhance prosperity in the country’s first export processing zone.