Dagupan, now a PEZA zone – MBTF

By June 18, 2017Headlines, News

DAGUPAN City is now one of the economic zones in the country that can be considered as an ideal place for investments in the country.

Mayor Belen Fernandez finally signed a Memorandum of Agreement (MOA) on Saturday with Charito Plaza, secretary-general of the Philippine Economic Zone Authority (PEZA) in Baguio City after a series of talks between city officials and PEZA.

Fernandez told newsmen that as an economic zone, Dagupan is recommended to potential foreign investors.

She said the city’s expanded growth centers can accommodate required spaces by investors and allow investors to set up their business infrastructures either horizontally or vertically.

The new growth centers of Dagupan City are the Lucao-Pantal area, the Bonuan area and the Caranglaan-Tebeng area.

The mayor said initially potential investment opportunities lie in Business Processing and Outsourcing (BPO), Information Communication Technology (ICT) and tourism.

Fernandez thanked the PEZA for their confidence in Dagupan City to become one of the economic zones to be developed in the whole country.

Manny S.D. Lopez, PEZA consultant, initiated the move three months ago to declare the city as an economic zone. (Leonardo Micua)

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