The Philippine Economic Zone Authority (Peza) said it has given its nod to a P125-billion, mixed-use economic zone in Mauban, Quezon, which is now awaiting the approval of President Duterte.
“We’ve approved the Greater Lucena Integrated Ecozone project, with an initial development cost of P125 billion. There will be an airport, a seaport and socialized housing, among the facilities,” Peza Director General Charito B. Plaza said.
According to Peza, the 1,500-hectare project will be built by Philip Cea, chairman of F1 Hotel Manila, and is intended as a “mixed use” zone.
Aside from the airport and seaport development, areas for light manufacturing industries and tourism (possibly a theme park) will also be allocated.
In addition to the 1,500-hectare area, Plaza said the ecozone developer is also donating 200 hectares for a “government center” where all three branches of the government will be located.
“It’s an offer by the owner, Philip Cea, owner of F1 hotel, to the government to donate 200 hectares, so that the three branches of the government will be located there,” she added.
The Greater Lucena Integrated Ecozone project will be proposed in the next meeting with Duterte.
Peza hopes to ease traffic in Metro Manila, with the possible proposed relocation of major government offices to Quezon.
2 comments
Is there any update to this project?
Hi, is the airport operations