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, Secretary Raul L. Lambino has announced.
The Cagayan Economic Zone Authority has 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,” said Lambino, CEZA Administrator and chief executive officer.
In a separate press 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 Cagayan Economic Zone Authority Administrator and CEO Sec. Raul L. Lambino (second from right), shakes hands with Tomas Ziak, Group Chief Executive Officer of Commerce Slovakia Corporation, after signing a Memorandum Of Understanding providing for the development of a major hospital at the Cagayan Special Economic Zone and Freeport that will boost health care for locators and people in Northern Luzon. With them are Vladimir Pristas (left) of Proxia and Ramon Garcia Chief Executive Officer, I Wave Inc. (JOSEPH MUEGO))
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. With it, we can attract new investors and spark tourism activities,” he said.
Commerce of Slovakia has provided no timetable for the development of the health facility other than to assure CEZA that “it will be done in record time as opposed to the average of 5-10 years to set up and build a traditional hospital.”
It said is has already started the “process of project development in relation to the services it shall provide immediately and will provide in the future.”
It said the hospital would be operated “on the highest standards compliant with European and other world-class standards.”