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Marcos will 'fully support' Bulacan ecozone bill after Congress remedies 'defects'

President Ferdinand "Bongbong" Marcos Jr. will fully support the bill to create the Bulacan Airport City Special Economic Zone and Freeport once Congress fixes the "defects" in the proposed measure, Malacañang said.


Communications Secretary Trixie Cruz-Angeles (PTV/RTVM Screenshot)
Communication ....

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House to introduce safeguards in bill on Bulacan airport ecozone

MANILA - A lawmaker on Monday assured President Ferdinand "Bongbong" Marcos Jr. that the House of Representatives will introduce safeguards to address the fiscal and economic concerns regarding the measure creating the Bulacan airport ecozone. Albay Rep. Joey Salceda stressed the need to provide "conventional checks and balances" as he committed to file a version of the bill that considers the President's reasons for vetoing it. "We need to put some limits and checks and balances to it," Salceda said in a media interview. He said the House will require a cost-and-benefit analysis of the proposed Bulacan Airport City Special Economic Zone and Freeport Authority (BACSEZFA). "So, as early as now, I am telling potential investors and other proponents to give us a sense of their plans so that we can already weigh the costs versus the benefits. What I can assure the President and the public is that we will make sure that the concerns in the veto message ....

Ferdinand Bongbong Marcos Jr , Joey Salceda , Bulacan Ecozone , Development Authority , Committee On Economic Affairs , National Economic , Freeport Authority , Commission On Audit , Economic Development Cluster Of Cabinet , Tax Incentives For Enterprises , Regional Development Council , President Ferdinand , Bulacan Airport City Special Economic Zone , Tax Code , Corporate Recovery , Tax Incentives , Enterprises Act , Fiscal Incentives Review Board , Economic Development Cluster , Economic Affairs , Senate President , Clark Special Economic Zone , Manilaa Lawmaker On Monday Assured President Ferdinand Quot Bongbong Marcos Jr That The House Of Representatives Will Introduce Safeguards To Address Fiscal And Economic Concerns Regarding Measure Creating Bulacan Airport Ecozone Albay Rep Joey Salceda Stressed Need Provide Conventional Checks Balances As He Committed Filea Version Bill Considers 39s Reasons For Vetoing It We Put Some Limits , Uot Salceda Said Ina Media Interview He The House Will Requirea Cost And Benefit Analysis Of Proposed Bulacan Airport City Special Economic Zone Freeport Authority Bacsezfa Quot So , S Early As Now , I Am Telling Potential Investors And Other Proponents To Give Usa Sense Of Their Plans So That We Can Already Weigh The Costs Versus Benefits Whati Assure President Public Is Will Make Sure Concerns In Veto Message Are Addressed ,

Marcos to support ecozone bill after 'corrections' made: Palace

MANILA - President Ferdinand "Bongbong" Marcos Jr. will fully support a measure establishing a special economic zone and freeport adjacent to the proposed airport city in Bulacan province once the Congress "corrects" provisions that pose substantial fiscal risks to the country, Malacanang said Monday. "He does say he is fully supportive of this. And so in fact this is - it is his commitment to sharpen the law so that when this is indeed passed, then he can fully support it," Press Secretary Trixie Cruz-Angeles said in her first regular Palace press briefing. She made this remark after Senator Imee Marcos expressed alarm that the move of her brother to veto the bill might drive away foreign investors. "We understand their feelings of disappointment but this is the stand of the President. Let's fix this now so we don't wait for it to be challenged later on," Cruz-Angeles said. She reiterated that the measure needs to be "sharpened" ....

Camarines Norte , Ferdinand Bongbong Marcos Jr , Imee Marcos , Trixie Cruz Angeles , Senate Committee On Economic Affairs , Commission On Audit , Secretary Trixie Cruz Angeles , Senator Imee Marcos , Senate Committee , Economic Affairs , House Bill , Bulacan Airport City Special Economic Zone , Senate President , Clark Special Economic Zone , Manila President Ferdinand Quot Bongbong Marcos Jr Will Fully Supporta Measure Establishinga Special Economic Zone And Freeport Adjacent To The Proposed Airport City In Bulacan Province Once Congress Corrects Provisions That Pose Substantial Fiscal Risks Country , Alacanang Said Monday Quot He Does Say Is Fully Supportive Of This And So In Fact It His Commitment To Sharpen The Law That When Indeed Passed , Hen He Can Fully Support It , Uot Press Secretary Trixie Cruz Angeles Said In Her First Regular Palace Briefing She Made This Remark After Senator Imee Marcos Expressed Alarm That The Move Of Brother To Veto Bill Might Drive Away Foreign Investors Quot We Understand Their Feelings Disappointment But Is Stand President Let 39s Fix Now So Don 39t Wait For It Be Challenged Later On , Uot Cruz Angeles Said She Reiterated That The Measure Needs To Be Quot Sharpened , Arning That The Implementation Of Measure Could Face Quot Further Delays Had Marcos Not Vetoed Bill Well , He Palace Merely Says That The Law Has To Be Sharpened We Have Make Anticipations Of Possible Constitutional Challenges On This One It Will Cause Further Delays If Is Challenged And Invalidated So , His Is The Best Way To Address Problems , He Innate Problems Of The House Bill , Nd It Gives An Opportunity For The Legislature To Make Those Corrections , Uot She Added Asked If Marcos Will Certify The Bill As Urgent , Ruz Angeles Did Not Givea Direct Answer But Again Said He Wanted Provisions Sharpened Quot There 39s No Indication Of Such Certification ,