PBBM expands Batangas economic zone

BATANGAS — President Ferdinand Marcos Jr. has approved the expansion of the LIMA Technology Center Special Economic Zone in Batangas, adding nearly eight hectares of land to the established industrial estate.

Under Proclamation No. 1499, signed 4 November, approximately 79,937 square meters in Barangay Bagong Pook, Malvar, will be integrated into the existing economic zone.

Marcos approved the expansion following recommendations from the Philippine Economic Zone Authority (PEZA) Board of Directors, pursuant to Republic Act 7916, or the Special Economic Zone Act of 1995, as amended by Republic Act 8748.

The additional land will support prospective industrial development as the administration continues to push for investment outside Metro Manila. Located in Batangas, the LIMA Technology Center currently houses light manufacturing, logistics, and industrial operations.

However, the presidential proclamation did not disclose projected investment values, target locator companies, or estimated job generation stemming from the expansion.