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Friday, March 26, 2010

Cagayan Economic Zone Authority (CEZA)

(courtesy of  CAGAYAN NORTH FB page)

Apparently, the Cagayan Economic Zone Authority (CEZA) is already in operation.  It is mandated (RA 7922) to supervise and manage the development of the Cagayan Special Economic Zone and Freeport (Cagayan Freeport) into a self-sustaining industrial, commercial, financial, and tourism / recreational center and Freeport with suitable retirement / residential areas, in order to create employment opportunities in and around the Cagayan Freeport, and to effectively encourage and attract legitimate and productive local and foreign investments.

The Cagayan Freeport was established through Republic Act No. 7922, otherwise known as the Cagayan Economic Zone Act of 1995. From 1997 up to the present, CEZA continues to initiate several projects to promote development in the Cagayan Freeport.


Quick Facts

The Cagayan Special Economic Zone and Freeport (Cagayan Freeport) is located at the northeastern tip of the Philippines surrounded by the waters of Balintang Channel, China Sea and the Pacific Ocean. It covers the entire Muicipality of Sta. Ana and the Islands of Fuga, Barit,  Mabbag in the Municipality of Aparri in the Province of Cagayan - with approximately 54,118.95 hectares of urban, suburban and agro-industrial lands for prime development.

It is strategically located between the Pacific Ocean and China Sea and enjoys proximity to lucrative overseas market such as Taiwan, HongKong, Japan, Korea, and the People's Republic of China. It is in fact situated at the crossroads of international shipping routes between the West Coast of North America, Far East and Southeast Asia.

The Cagayan Freeport operates as a separate customs territory similar to Hong Kong, Singapore, Lubuan in Malaysia and Hamburg in Germany.

The Cagayan Freeport is approximately a 45-minute flight from Kaoshiung Taiwan's largest industrial and shipping center, and only a few minutes longer from Hong Kong.

Contact

Cagayan Office


Administration Complex , Centro
Sta. Ana, Cagayan
Philippines
Tel. No: +6378 8581017

Manila Office

7th Floor, Westar Building
Shaw Boulevard,
Pasig City 1603 Metro Manila
Philippines
Tel. No: +632 6365774
Fax No: +632 6313997
Email: info@ceza.gov.ph

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