Zamboanga City Special Economic Zone Authority


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The Zamboanga City Special Economic Zone Authority and Freeport was created through Republic Act 7903 authored by the late Congresswoman Maria Clara Lorenzo Lobregat. It was enacted into law on February 23, 1995 and made operational a year later with the appointment of a Chairman and Administrator and the members of the Board by former president Fidel V. Ramos.

The ZAMBOECOZONE & FREEPORT is a means to attract local and foreign investors, generate employment opportunities, and encourage the regional dispersal of industries.

The Governing Principles of RA 7903 (Sec. 4[a]) calls for the ZAMBOECOZONE & FREEPORT to be developed into a decentralized, self-reliant and self sustaining agro-industrial, commercial, financial, investment and tourism center and Freeport with suitable retirement and residential areas.

MISSON

An economic zone and Freeport as the hub for economic activities and a springboard for the promotion of trade, investment and tourism in the city and the region thus bringing about socio-economic upliftment.

VISION

The Zamboanga City Special Economic Zone Authority realizes that commerce and industry are the factors that will bring about progress and development in the area. The Authority also believes that it is responsible for the encouragement of trade and investment and shall support investors to diversify the economy.

Thus:

It will encourage the private sector to grasp the opportunities which shall increase the capabilities for growth and develop linkages.

It will monitor the enforcement of the Implementing Rules and Regulations (IRR) of RA 7903 and coordinate with other agencies to facilitate the traffic of business.

It will foster economic and technical cooperation in the areas of human development, infrastructure development, development of Science and Technology, development of Small and Medium Enterprises (SMEs) and environmental protection and management.

It will nurture the appreciation of various cultures to help enhance the business partnerships among local and foreign businessmen.

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