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About CEZA | Cagayan Economic Zone Authority

About CEZA

Investments & Opportunities in Cagayan Special Economic Zone and Freeport

 

The Cagayan Economic Zone Authority (CEZA) is a government owned and controlled corporation that was created by virtue of Republic Act 7922, otherwise known as the “Cagayan Special Economic Zone Act of 1995″. It was authored by Senator Juan Ponce Enrile, a native of Cagayan Province, and approved by then President Fidel V. Ramos. It has been tasked to manage and supervise the development of the Cagayan Special Economic Zone and Freeport (CSEZFP).

From 1997 up to the present, CEZA continues to initiate several projects to promote development in the CSEZFP. As an economic zone, it aims to develop the whole area into a self-sustaining industrial, commercial investment, financial and tourism-recreational center and, likewise, with suitable retirement / residential areas. As a Freeport, it operates as a separate customs territory similar to Hong Kong, Singapore, Lubuan in Malaysia and Hamburg in Germany. It is envisioned to be a major transshipment point for trade in the Asia-Pacific rim. In this light, it now opens itself to interesting business opportunities with attractive incentives and advantages for interested investors that would like to register in CEZA. These developments are all deemed toward attracting legitimate and productive local and foreign investments and, thus, creating employment opportunities in and around the Freeport.

Crypto Valley of Asia

The Cagayan Economic Zone Authority (CEZA) a government-owned and controlled corporation and Northern Star Gaming & Resorts Inc. a private property developer (Northern Star) and are pooling their resources to build Crypto Valley of Asia (CVA), a planned development estate designed to push economic growth further in Northern Luzon.

Crypto Valley of Asia will be home to a new wave of financial technology companies establishing their operations in the Cagayan Special Economic Zone and Freeport. CVA will help foster a thriving eco-system of networked Fintech firms.

It will also generate employment for BPOs servicing the global Fintech and cryptocurrency sectors and catalyze the next economic boom destined to spread from Cagayan Valley to the rest of Northern Luzon.

Built with Sierra Madre Mountain Range as a backdrop, Phase 1 of CVA consists of a 25-shop housing development inside the cyberpark developed in compliance with the strict security requirements of licensed offshore virtual asset exchanges (OVEs) locating in CEZA. It will showcase services and amenities such as co-working and living spaces, business incubation and acceleration hubs as well as back offices of OVEs and service providers to the global crypto space.

Northern Star has secured international and regional companies to locate within the CVA estate, which will be rolled out in three (3) phases. It has also committed gross investments valued at US$100 Million over the next 10 years.

Soon to also rise in Crypto Valley are a world-class internet data center, crypto-mining firms, self-contained power production facilities, and a state-of-the-art cyber security and risk assessment facility.

 

Our Location

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.

Region II

Population: 1,199,320 (per 2015 census)

Polulation Growth Rate: Annual growth rate of 1.23%

Major Industries: Agriculture, Fishery and Forestry, Community and Social Services; Wholesale and Retail Trade; Manufacturing.

 

Sta. Ana

Land Area: approximately 441.3 square kilometers representing 4.90% of the total area of Cagayan.
Physical/Political Boundaries: Bounded on the north and east by Pacific Ocean, on the west by the Babuyan Island and on the south by the municipality of Gonzaga.

Political Districts/Barangay: 16 Barangay

Quick Facts About Region II and Cagayan

Land Area

Cagayan Province, including the Babuyan Island Group, is approximately 900,270 hectares, the second largest in terms of land area in Region II, and constitutes about 3% of the total land area of the Philippines.

Physical/Political Boundaries

The Balintang Channel, North of the Babuyan Islands, forms the boundary between the provinces of Cagayan and Batanes. The northern portion of Cagayan mainland opens to the China Sea, and on the east it faces the Philippine Sea. The Sierra Madre Mountains froms its rugged and mountanous eastern coast. Cagayan is bounded on the south by the Province of Isabela. The Cordilleras enclose its southwestern part, bordering on the Province of Kalinga, and its northeastern part bordering on the Province of Apayao.Political Districts/Barangays: 1 city, 28 municipalities with Tuguegarao City serving as the provincial city capital.

Fuga Island

Envisioned to be a world class vacation paradise, the enchanting Fuga Island boasts its pristine coastline and powdery white sand beaches, crystal clear waters, excellent dive sites, rocky cliffs, rolling terrain and spectacular views of the sea, all giving the 10,000-hectare property the natural competitive edge to lure tourists and rival Maldives, Bora Bora, Waikiki, Bali, and popular tourist destinations in Europe when fully developed. The island is also has flat and undulating terrain, and is strategically located at the crossroads of international shipping routes at the Northern Philippines, making it an excellent location to be transformed into a private sanctuary like Hong Kong as a free-trade zone, Macau as a gaming and leisure hub, and Bermuda and the Bahamas as investment enclaves.