TANZA, Cavite — President Ferdinand Marcos Jr. has signed Proclamation No. 1337, integrating additional parcels of land into the existing Suntrust Ecotown Tanza-Special Economic Zone. The expansion is expected to attract approximately ₱851 million in new investments and generate around 2,200 jobs, further strengthening Cavite's position as a leading industrial hub.
A Boost for Cavite's Economy
The proclamation formally incorporates lands in Barangays Punta I and Sahud-Ulan into the economic zone. This move paves the way for new business locators to set up operations in Tanza. The expansion is a direct response to the growing demand for industrial and commercial spaces in the province.
The Suntrust Ecotown Tanza-SEZ currently hosts 62 PEZA-registered enterprises employing 6,322 workers. With the expansion, this number is expected to rise significantly. The new investments will create opportunities for local residents seeking stable employment close to home.
A Strategy for Countryside Development
The expansion aligns with the administration's thrust to disperse investments beyond Metro Manila. Executive Secretary Ralph Recto emphasized that businesses can now go where local talent is, boosting economic activity in the provinces. This approach reduces the need for workers to migrate to congested urban centers.
The 46 economic zones created or expanded under the current administration are projected to generate ₱141.2 billion in investments. These zones are expected to create nearly 189,000 jobs nationwide. The focus on regional development is a key pillar of the government's economic strategy.
More Opportunities for Caviteños
For residents of Tanza and nearby municipalities, the expansion means more employment options. Jobs in manufacturing, logistics, and support services within the ecozone offer competitive wages and career growth. The local economy benefits as workers spend their incomes within the community.
The expansion also attracts supporting businesses, such as food establishments, retail stores, and service providers. This ripple effect creates additional indirect employment. The overall impact strengthens Cavite's reputation as a dynamic and investment-ready province.
A Foundation for Sustainable Growth
The integration of new lands into the SEZ is a strategic move. It ensures that Cavite remains competitive in attracting both domestic and foreign investors. The province's infrastructure and proximity to Metro Manila make it an ideal location for business expansion.
The projected ₱851 million in investments signals strong confidence in Cavite's future. As new locators establish operations, they bring technology and expertise that benefit the local workforce. The expansion is an investment in long-term, sustainable economic growth for the region.
