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Peza: New pharma ecozone to rise in Bulacan this year

A MODERN Pharma park, a new type of ecozone seen to provide access to affordable medicines and healthcare for Filipinos, is expected to be rolled out within the year in the country, according to the Philippine Economic Zone Authority (Peza). “We are in talks with three ecozone developers for their…

Medical investments in PEZA hit P21 8 B

Total medical product manufacturing investments in the country’s economic zones have reached P21.8 billion, but robust growth is expected following keen interest from world’s pharmaceutical companies, including Pakistanis, to expand operations in the Philippines. peza web In a virtual brie

Boosting our pharmaceutical industry

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.

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