Another partnership was formalized by the Cagayan Economic Zone Authority (CEZA), this time with Apsaras Group Limited, to fulfill its goal to be the next “Silicon Valley of Asia.” On top of engaging in Offshore Virtual Currency Exchange (OVCE) operations, the latter is also set to undertake the development of marina, complete with yacht club facilities and a hotel/resort within the Cagayan Special Economic Zone and Freeport (CSEZFP). The marina blueprint also includes shipping operations that will cater to passenger and cargo vessels from the CSEZFP to Shenzhen, China and vice versa.