North Negros export processing zone to rise
The Northern Negros Agro-Industrial Export Processing Zone (NNAIEPZ) will soon rise on a 160-hectare local government-owned property in Sagay City, Negros Occidental.
The project will proceed after the city government and the Philippine Economic Zone Authority (PEZA) entered into a memorandum of understanding in a virtual signing ceremony via videoconference from the City Council’s session hall on Wednesday. The signatories were Mayor Alfredo Marañon III and PEZA Director General Charito Plaza.
Marañon said the creation of the NNAIEPZ supports the national government direction to decongest Metro Manila as well as the PEZA mandate to spur economic development in the countryside by providing employment opportunities to the locals.
