Bulacan freeport bill lapses into law
Bulacan freeport bill lapses into law
The Bulacan Special Economic Zone and Freeport Act, or Republic Act No. 11999, lapsed into law on June 13, which covers the New Manila International Airport and airport city projects envisioned by San Miguel Corp. in Bulakan, Bulacan.
The law will also cover the parts of the cities of Malolos and Meycauayan and the towns of Bulakan, Paombong, Guiguinto, Balagtas, Bocaue, Marilao, Obando, and Sta. Maria in Bulacan that are not part of the airport and airport city projects.
READ: House adopts Senate version of Bulacan Economic Zone and Freeport bill
The new law also established the Bulacan Special Economic Zone and Freeport Authority to operate, administer, manage, and develop the Bulacan Ecozone. —JULIE M. AURELIO