This website require JavaScript to load properly. Please enable your JavaScript.
Ecozone to break ground for multi-billion peso hub | Cagayan Economic Zone Authority

Ecozone to break ground for multi-billion peso hub

Ecozone to break ground for multi-billion peso hub

BY: LEANDER C. DOMINGO, TMT

SANTA ANA, Cagayan: The Cagayan Economic Zone Authority (CEZA) is set to break ground this month for its multi billion peso Global City, which comprises the ecozone’s corporate center and commercial center to be constructed on an 11-hectare property that opens into a stunning view of this coastal town’s white sand beaches.

Secretary Raul Lambino, CEZA Cagayan administrator and chief executive officer, said the two buildings would be ready for occupancy by early next year.

“The centers will also fill the demand for offices of the Cagayan Special Economic Zone and Freeport’s first 26 Fintech (Financial Technology) principal licensees,” Lambino added.

Meanwhile, local commercial banks and a fresh batch of business locators in the tourism and manufacturing sectors are also setting up offices in the corporate and commercial centers.

CEZA is also now undergoing rehabilitation and improvement of dilapidated structures at Port Irene.

“We are now constructing at least six warehouses due to great demand for space by port users importing construction materials and supplies and a variety of loose cargoes,” Lambino said.

He added that Cagwei, a Chinese company, is in need of workers in its recently finished paper-recycling plant that could produce tons of regular and special papers for domestic use and for export to several countries in the Asia-Pacific region.

Parks development

CEZA had sought permission and authority from the Department of Environment and Natural Resources (DENR) to work with local government unit and various people’s organizations to begin development of parks.

Lambino said the proposed Nangaramoan Eco-Tourism Park and the Palaui Island Eco-Tourism Park had been strongly endorsed to boost tourism in this town and nearby Palaui Island with emphasis on their unspoiled natural beauty.

“We have to protect and preserve these natural tourism havens from commercial abuse. We will allow Santa Ana and Palaui Island to breathe, not to be choked by exploitation,” he added.

CEZA, according to Lambino, would pursue its goal of development but “will not sacrifice the pristine environment for unplanned and unregulated tourism growth.”

An existing RoRo (roll on-roll off) Port at San Vicente is currently expanding its causeway and wharf to service not only inter-island and fishing vessels but foreign cruise ships, as well later.

Lambino said tourists marvel at the Spanish-era Cape Engano Lighthouse on Palaui Island, home to 21 commercial species of fish, including the blue-fin tuna.

“Palaui is endowed with glorious white sand beaches and was even tagged by CNN Travel magazine as one of the top 10 beaches of the world and number one in southeast Asia,” he added.

Located between the famous Pozo Robo and Anguib beaches, the Nangaramoan Eco-Tourism Park will service local tourists and foreign backpackers to enjoy year-round warm sea water, powdery white-sand beaches, coral reefs, among others.

Nangaramoan Park, located in the northeastern part of Santa Ana overlooking the vast Pacific Ocean, would be managed by CEZA in coordination with the Department of Environment and Natural Resources and the local government unit.

Lambino said the local community would be tapped to operate the various facilities, including an infinity pool, a canopy walk, stilt cabanas and an extended zip line.

New advocacy

CEZA’s new advocacy includes promoting medical tourism, facilitating private investments and developing retirement villages and aligned tourism facilities and putting in place best practices, international compliance, quality standards, building codes and environmental safeguards.

“We have commissioned a local company to prepare a master development plan of the entire 54,000-hectare special economic zone and freeport as well as feasibility studies including financial viability for the different projects the CEZA board has approved,” Lambino said.

https://www.manilatimes.net/ecozone-to-break-ground-for-multi-billion-peso-hub/543481/