Atty. Joey Lina
Here’s good news that largely went unnoticed: President Duterte has okayed the expansion of the Bulacan Industrial City where a new pharmaceutical manufacturing zone is set to rise.
Sen. Francis Tolentino, who was my online guest last Sunday in my Teleradyo program Sagot Ko ‘Yan, relayed the good news that Malacañang issued Proclamation No. 1070 last January 11 designating 259,069 square meters of land in Malolos, Bulacan, as a special economic zone.
He said the newly designated land in Malolos will be added to the current 38-hectare Bulacan Industrial City that was established in 1991, and dubbed as the “Pharma City of the North” which houses several pharmaceutical firms such as Pascual Laboratories, Cargill Philippines, and seven others.
Expanding Pharma Zones: A win-win solution for health and pandemic-stricken economy - Tolentino
MANILA - Administration Senator Francis Tol N. Tolentino believed that accelerating the establishment of pharmaceutical manufacturing zones under the Philippine Economic Zone Authority (PEZA) will not only give Filipinos better access to cheaper medicines but would also help stabilize the pandemic-stricken economy.
Tolentino said expanding the so-called Pharma Zone has both short and long term goals since aside from providing the public with locally manufactured but less expensive vaccines just like in the case of COVID-19 disease, it can also bring forth more investments and jobs for the pandemic-stricken economy.