FAB, a magnet for development
August 29, 2017Paulo Tibig takes oath as AFAB director
September 4, 2017BALANGA CITY, Bataan – Bataan 2nd District Congressman Jose Enrique “Joet” Garcia’s economic House Bill has been approved on its first reading at the committee level at the House of Representatives last week.
In his Facebook page post it reads, “Cong Joet Garcia has successfully lobbied for the approval of House Bill No. 4106 or ‘An Act that further strengthens the power and functions of Authority of the Freeport Area of Bataan in Mariveles.’”
Rep. Garcia said that his bill on AFAB Law will highly intensify and strengthen “our economic capability and viability with the international or global market and would be at par with other ASEAN counterparts in terms of investment areas.
Meanwhile, another House Bill (HB 4462), “An Act Establishing a Special Defense Economic Zone inside the Government Arsenal Defense Industrial Estate located in Camp Gen. Luna, Limay, Bataan” was also approved on its first reading.
Congressman Garcia said the Special Economic Defense Zone is a necessary undertaking, timely and an earnest patriotic effort to synergize government and private enterprises, domestic and international, to have a competitive, centralized government sanctioned arms industry that produces conventional weapons and equipment for domestic use and export.
Garcia also reported that both house bills are now approved and endorsed by the Committee on Appropriations and are going to be sent to the Plenary for 2nd and 3rd Readings.