Republic of the Philippines J ®
HOUSE OF REPRESENTATIVES Vg

Quezon City, Metro Manila / fs” RECEIVED “A\
16" Congress 1 one, 29 MAY 204
First Regular Session \ THe: ZEN PT

House Bill No. 4337

Introduced by Honorable Sergio A. F. Apostol

EXPLANATORY NOTE

Globalization opened a world of opportunities as well as challenges for trade and
investment. To keep pace with global competition, there is a need to enhance foreign
investment and promote exports from the country as well as provide a level playing field

for domestic enterprises and manufacturers.

This bill seeks to include the municipality of Carigara, in the Province of Leyte as
Special Economic Zones, amending for the purpose Republic Act No. 7916, otherwise
known as the ‘Special Economic Zone Act of 1995"

The municipality of Carigara is strategically located in the northern part of Leyte.
The municipality in the north is considered centers of business activities in the area. The
several industrial and business establishments continuously boost the economic growth,
which certainly help the municipality attain the requirements prescribed under existing law
for an area to be considered as a special economic zone.

The Ecozone is conceptualized as a self-sustaining industrial, commercial and
investment center that will encourage economic growth and accelerate employment
generation in the province. Furthermore, the Ecozone will bring economic diversity and
benefits to the province, Employment opportunities generated by the Ecozone will
minimize waves of Visayan migration in search for greener pastures

In the light of the foregoing, the passage of this bill is earnestly sought.

Sec6nd District, Leyte


Republic of the Philippines
HOUSE OF REPRESENTATIVES.
Quezon City, Metro Manila

16" Congress
First Regular Session

House Bill No. 4337

Introduced by Honorable Sergio A. F. Apostol

AN ACT TO INCLUDE THE MUNICIPALITY OF CARIGARA,

IN THE PROVINCE OF LEYTE AS SPECIAL ECONOMIC ZONE,
AMENDING FOR THE PURPOSE SECTION 5 PARAGRAPH (0) OF
REPUBLIC ACT NO. 7916, OTHERWISE KNOWN AS.

THE “SPECIAL ECONOMIC ZONE ACT OF 1995”

Be it enacted by the Senate and the House of Representatives of the
Philippines in Congress assembled:

SECTION 1. Section 5, paragraph (0) of Republic Act No. 7916 otherwise known as
the Special Economic Zone Act of 1995 is hereby amended to read as follows’

“SEC. 5. Establishment of ECOZONES. - To ensure the viability and
geographic dispersal of ECOZONES through a system of prioritization, the following
areas are initially identified as ECOZONES, subject to the criteria specified in
Section 6:

XxX XXX XXX

(0) So much as may be necessary of that portion of the Municipality of
Barugo and THE MUNICIPALITY OF CARIGARA, ALL in the Province of Leyte;

OK Boog Xxx

The metes and bounds of each ECOZONE are to be delineated and more
particularly described in a proclamation to be issued by the President of the
Philippines, upon the recommendation of the Philippine Economic Zone Authority
(PEZA) which shall be established under this Act, in coordination with the municipal
and/or city council, National Land Use Coordinating Committee and/or the Regional
Land Use Committee,

SECTION 2. This Act shall take effect upon approval

Approved,