New Support to Make Cebu an Economic Zone
Balita Organization, Inc - 03 - Economist backs bid to make entire Cebu an economic zone
Economist and former Philippine finance secretary Dr. Jesus Estanislao has supported the bid to make the entire Cebu island into an economic zone.“We need to be smart enough to see that not the whole country can move together,” said Estanislao, president of the Institute for Solidarity in Asia.
He cited Beijing, Shanghai and Hainan of China which are competing against each other for economic development.