Batangas property declared part of special eco-zone

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MANILA, Philippines — President Marcos has declared some property in Tanauan, Batangas as part of an existing special economic zone.

MANILA, Philippines — President Marcos has declared some property in Tanauan, Batangas as part of an existing special economic zone.

Proclamation 1491 designated some parcels of land in the villages of Pantay Bata and Pantay Matanda for inclusion in the First Philippine Industrial Park III.

The property has an aggregate area of about 84,400 square meters.

The declaration was pursuant to Republic Act 7916 or the Special Economic Zone Act of 1995 as amended by RA 8748.

The proclamation was signed by Executive Secretary Ralph Recto on Oct. 26 by the authority of the President.

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