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APECO Execs Optimistic Of Getting Up To PHP3 Billion From Capitalization
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APECO Execs Optimistic Of Getting Up To PHP3 Billion From Capitalization
Officials of Aurora Pacific Economic Zone and Freeport Authority (APECO) are hopeful that the ongoing rehabilitation in the 12,734-hectare property in Casiguran will encourage the government to release about PHP2 billion to PHP3 billion of the Freeport’s unreleased capitalization by 2027. Of the economic zone’s PHP10 billion capitalization, it has so far received PHP1.4 billion since it was established in 2007 through Republic Act (RA) 9490, APE…
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