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Gaming firms in Cagayan freeport must pay CEZA P149-M in licensing arrears -COA

Published July 25, 2021, 2:14 PM
The Commission on Audit (COA) has called on state-owned Cagayan Economic Zone Authority to immediately collect over P148 million in lease and other financial obligations owed by Cagayan Freeport business locators and gaming licensees, including the on-line and land-based gaming operator First Cagayan Leisure and Resort Corporation (FCLRC).
COA logo and building COA, in its 2020 CEZA Annual Audit Report, noted that eight locators and licensees have been remiss in their financial responsibilities between 30 days to 10 years now.
COA said that as a result of the huge amounts in unpaid financial obligations, the locators and gaming licensees have deprived “the Authority of funds that could have been used in its operations.” Much of the arrears were incurred by major CEZA gaming licensees FCLRC and North Cagayan Gaming and Amusement Corporation (NCGAC). ....

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Local jobs up for grabs at CEZA job fair

JOB FAIR. Job applicants wait for their turn to be called before proceeding to the participating locators of the Cagayan Economic Zone Authority in today s job fair. (Photo courtesy of CEZA)
SANTA ANA, Cagayan, Feb. 23 (PIA) - - -Around 200 job seekers from nearby municipalities and local residents of Santa Ana trooped to the Municipal Gymnasium here for the Cagayan Economic Zone Authority (CEZA) Anniversary Job Fair today.
Charlotte Collado, CEZA Media Relations head, Cagayan Offices said the job fair is in line with CEZA s mandate and continued efforts to provide job opportunities in Cagayan and to its immediate communities.
The job fair was conducted in simultaneous with the medical and optical mission. ....

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