Do you want your company to get the best out of investing in a business in the Philippines? Or perhaps you’d want to know where you can have a tax-free and duty-free business operation? Simple – read on and find more about the 3 most dynamic economic-free zones in the Philippines:
Subic Bay Freeport Zone
Located in the site of a former United States naval base, the Subic Bay Freeport ecozone is one of the best and most exciting ecozones in the Philippines. Most of the material left from the previous base were incorporated into the city, assuring a pleasant and modern stay. This ecozone’s location is one of its assets – its port area acts as a central hub for trade and commerce for local and international firms. This allows shipments and shipping deals from companies all over the world to be conducted with ease. As such, various establishments have sprung up in the area, due to the promising business and profit found there. Some of the best companies to have set up investment projects in this ecozone are FedEx Express, Enron, El Paso Corporation, Acer and Thomson SA.
Clark Freeport Zone
If Subic Bay was a former naval base, Clark Freeport Zone’s its partner. A former United States Air Force base, the Clark Freeport Zone is also a promising ecozone site. Aside from business, the ecozone contains a lot of leisure establishments, like the Mimosa Fountain Resort and Country Clubs and Holiday Inn Clark. Clark Freeport Zone is also known for its steamy nightlife, making it a favorite haunt by foreign expatriates.
Laguna International Industrial Park
An ecozone located just south of Metro Manila, the Laguna International Industrial Park brings practicality and efficiency together. Being the only ecozone closest to the Makati Business District, the Laguna International Industrial Park allows its investors the convenience of managing an investment in a safe, secured location. Also, Laguna International Industrial Park’s accessible location gives employees living in the Southern Metro the convenience and opportunity of going to work. Some companies who have invested here are PLDT, Optodev, Juntec and Penn.
Ecozones in the Philippines are important locations for business firms to flourish in. The Subic Bay Freeport Zone takes advantage of its location to cater to seafarers abroad. The Clark Freeport Zone has a good mix of business and leisure in it. The Laguna International Industrial Park is a strategic area due to its accessible location. Knowing these 3 dynamic ecozones can help you decide on where to invest your money at.
