Great potential of Bataan town as industrial investment hub

BALANGA CITY, Bataan – Mariveles Mayor  Ace Jello Concepcion is highly optimistic about the on-going development in the country’s first export processing zone which is leading toward a top-level  industrial investment hub category .

Mayor Concepcion said local and foreign investors are strategically evaluating the highly competitive fiscal and non-fiscal incentives, reliable infrastructure and power facilities, availability of qualified supervisory and technical workforce, and other factors  which make the historical town a preferred  manufacturing site.

He explained while the local government is providing highest priority on education, employment generation, development of prospective tourist spots and historical landmarks as well as encouraging fresh investments, it is also focusing on the training programs for the youth on computer literacy and information technology for them to qualify in the business process outsourcing industry which is now a booming enterprise with high-paying jobs.

Concepcion said one significant aspect of good investment outlook of Mariveles  town is the projected plan of the country’s largest food conglomerate to establish  a 500 hectare special economic zone in the coastal  villages of Mariveles  and Bagac towns facing the panoramic West Philippine Sea.

He said the project includes the construction of a multi-billion peso coal powered plant, the second San Miguel Corporation  coal-fired generating firm after the newly-operational facility in Barangay Lamao, Limay town.