Wednesday, May 27, 2020

Mariveles mayor grooming town as investment haven

Feb 5, 2018 @ 10:02

Mariveles Mayor Ace Jello “AJ” Concepcion expressed optimism that the town will soon become a prime investment haven in Central Luzon.

Concepcion is looking forward to the various large-scale infrastructure projects soon to commence in the town, such as the Bataan-Cavite Bridge, a transshipment port and harbor terminal, commercial centers, standard factory buildings and housing projects, hotels and Business Process Outsourcing centers, which he believes could spark a robust and dynamic industrial and tourism evolution in Mariveles.

The expansion of a coal-powered plant, which would ensure lower rate and uninterrupted power service in the town, is one of the projects the local government is looking forward to this year.

Concepcion also hinted that the San Miguel Corporation will also build a special economic zone near the boundaries of Mariveles and Bagac towns.

Together with the Sangguniang Bayan, the mayor has prepared a strategic socioeconomic plan with the Authority of the Freeport Area of Bataan, in order to come up with systematic procedures for local and foreign investors.

The FAB is regarded as the fastest-growing freeport in the country, located at the mouth of Manila Bay and near the Subic Freeport Zone in Zambales and the Clark Economic Zone in Pampanga.

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