Written by People’s Journal – August 3, 2018 |Peoples Journal é

A “rapid deployment first class hospital” will be developed at the Cagayan Special Economic Zone and Freeport by Commerce, a company from the Slovak Republic, Cagayan Economic Zone Authority Administrator and chief executive officer Raul L. Lambino announced.

Lambino said CEZA signed a memorandum of understanding with Commerce providing for the development of the major hospital that will “boost health care not just for Freeport locators but for our people in the entire region.”

In a separate statement, Commerce said it is confident of being able to provide health services that would “radically improve the quality of service and infrastructure for patients, workers, tourists and all the people in the region in the years to come.”

Lambino said CEZA is undergoing rapid development with its planned Crypto Valley of Asia in Sta. Ana, Cagayan, a big-ticket project which will be “home to a new wave of financial technology companies.”

The new hospital, Lambino said, will open new employment and income-generating opportunities in the province and region including medical tourism and retirement communities.

“This is the beginning of a new era of health care in our region to attract new investors and spark tourism activities,” he said.