The state-owned Bases Conversion and Development Authority (BCDA) is
looking for a partner to develop 200 hectares of the 365-hecatare Bataan
Technology Park (BTP) in Morong Bataan.
“We will be inviting real estate firms and other related development
companies to submit their development plan for the area as part of the
search for a partner that will develop a sizeable portion of the Bataan
Technology Park,” BCDA President and CEO Arnel Paciano D. Casanova.
According to Casanova, the BTP is a Special Economic Zone property.
This allows developers and locators in the area to enjoy investment
incentives such as a five percent (5%) levy on Gross Income Earned
(GIE) in lieu of all national and local taxes and duties; and, tax and
duty-free importation of raw materials and capital equipment.
For his part, BCDA Manager for Business Development Arrey Perez said
among the development proposals that prospective proponents may consider
to submit include, a retirement haven, location for small and medium
scale industries and as a research and development center, just to name a
few.
He said the BCDA will publish an invitation to submit expression of
interest for the development of the said area in the next couple of
days.
The 365-hectare BTP is also of great historical significance as it
showcases preserved history as the former Philippine Refugee Processing
Center (PRPC)—established by the United Nations for Indo-Chinese
refugees in the early 1980s.
BTP is within the Manila-Clark-Subic economic triad via the
Subic-Clark-Tarlac Expressway (SCTEX), and is just a 20-minute drive
from Subic and 2-kilometers away from Anvaya Cove.
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