Abundant opportunities for investors in Bataan

BALANGA CITY, Bataan – The unprecedented infrastructure development in the historic peninsula is a good signal for foreign and local locators to move on the strategic and healthy competitive ambiance in the premier investment hub in Central Luzon.

Lawyer Jay Miranda, a legal counsel of a commercial bank based in Makati City, has discussed the rationale of the local government development objective focused on the road network groundwork and other essential infrastructure facilities leading toward attaining a-top level industrial investment hub category.

Lawyer Miranda is optimistic on the locators desire of consciously appraising the highly competitive fiscal and non-fiscal incentives, extremely reliable infrastructure and power facilities, availability of qualified supervisory and technical workforce, and other issues which make the historical town as a truly preferred productive industrial location.

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

Multiple significant aspects of good investment outlook of Bataan peninsula 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, numerous projects on the setting up of port terminals and depots, construction sites for business process outsourcing industry, expansion of two ecozones, the Freeport Area of Bataan and Hermosa Economic Zone and industrial growth areas in Limay town.

He added 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 and the Department of National Defense (DND) arsenal defense zone in Barangay Lamao, Limay town, this province.

Numerous local and foreign investors are eyeing the coatal villages of Sisiman, Mariveles town for the construction of container ports facilities due to its proximity to Metro Manila and for efficient delivery of raw materials and finished products from the province’s seven operational economic zones to international markets.