THE Zamboanga City Special Economic Zone Authority (ZCSEZA) reported a 38-percent improvement in exports for 2014, breaching the $5-million mark.
Data from the ecozone showed total exports for 2014 amounted to $5,083,873, up from 2013’s export of $3.68 million. The surge in exports, said ZCSEZA, is due to the performance of CTK Asia Rubber Corp. and Seachamp International Export Corp. CTK’s total exports in 2014 amounted to $1.66 million, exceeding the previous year’s performance by 96 percent. The company’s exports are primarily shipped to South Korea and China.
Seachamp’s export figures of 2014 showed a significant increase of nearly 21 percent as compared with 2013. Total export of Seachamp reached $3.42 million as of December 2014.
ZCSEZA currently have 20 locators, which generated a total of 981 workers and P694 million in actual investments out of the nearly P13 billion committed investments in 2014. Of the 20 locators, seven were new registrants in 2014, pulling in committed investments worth P11.25 million and employment of 388 workers.
The new registrants were New Tradition Agrifarm and Trading for a 50-hectare banana and tapioca farm; A. Tung Chingco Manufacturing Corp., engaged in the warehousing of Ligo Sardines products; Eco Bottling Enterprises for a water-bottling facility; Leadership Manpower Services Inc., the manpower-service provider of Artnature Philippines; Gabar Manpower Agency Inc., the manpower-service provider of Seachamp International Export Corp.; AML Fastfood; and AHS Agri-aqua Ventures for a 10-hectare cacao plantation and nursery.
Nineteen prospective locators are currently waiting for approval from the zone, citing investments worth P284 million.