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Mayor Inton brings more investors to Hermosa

Written by
  • Mhike R. C.
  • 5 years ago

HERMOSA, BataanTo take advantage of the ASEAN market with the Philippines as the regional hub, two groups of Arab investors are seen to pour in their investments in the sprawling Hermosa Economic Zone in Northern Bataan.

“More investments here mean more jobs to generate. More economic activities mean more taxes, mean more social services and infrastructure projects for our beloved town.”

This is how Hermosa municipal mayor Jopet Inton described the latest development in his town. Inton was in Manila Hotel yesterday together with other Bataan mayors attending the League of Municipalities of the Philippines meeting.

Recently, the first-termer mayor had a meeting with Philippine Economic Zone Authority (PEZA) Director General Charito Plaza at the DOE-PNOC Complex in Bonifacio Global City promoting the municipality of Hermosa as the possible investment site for two Arab companies.

“These Arab companies are engaged in food production. They will be in need of more than 1,000 hectare which will be developed as agro-industrial economic zone,” Inton told 1Bataan.com.

The said potential investors were identified by Inton as the Zaid Alhussain & Brothers Group and Al Shaheen Establishment.

The two groups of investors decided to invest in the country after the PEZA delegation led by Plaza recently conducted an  Investment Mission in the Middle East, particularly the Kingdom of Saudi Arabia, United Arab Emirates and Qatar where they also conducted seminars/orientations last February 11-17 to promote the Philippines as an investment destination, forge business partnerships with Arab investors and convince them to take advantage of the ASEAN market with the Philippines as the regional hub.

The said group of investors will put up facilities for processing halal poultry and organic vegetable crops for export and halal poultry processing.

The said Arab investors have scheduled a meeting with PEZA by the 3rd week of March to inspect possible sites in Bataan and Mindanao respectively, Plaza told Inton.

Last week, Inton also had a meeting with potential Japanese investors inside the Hermosa Ecozone Industrial Park.

The Hermosa Ecozone is barely one and a half hours away from Manila by car, about 15 minutes away from Subic freeport and 25 minutes away from Clark ecozone and international airport.

Photo courtesy of Municipality of Hermosa FB page.

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