PEZA and BuCor Collaborate to Develop Palawan’s First Mega Ecozone
Puerto Princesa City: The Philippine Economic Zone Authority (PEZA) announced a new partnership with the Bureau of Corrections (BuCor) to establish the country’s first mega economic zone in Puerto Princesa City, located in the Palawan province. This initiative marks a significant development for the region, leveraging part of the vast lands of the Iwahig Prison and Penal Farm. According to Philippines News Agency, the memorandum of agreement (MOA) signed between PEZA and BuCor outlines the transformation of an initial 2,000 hectares of the 25,000-hectare idle land into the Palawan Mega Economic Zone (PMEZ). PEZA Director General Teresa Panga and BuCor