CBP to be proclaimed special ecozone

The flagship development of Cebu Holdings Inc. (CHI), the 52-hectare Cebu Business Park (CBP) will soon be proclaimed as an economic zone after getting the approval from the Philippine Economic Zone Authority (PEZA).

CHI president Francis O. Monera said the company hopes to accelerate the development at the business park after its Presidential Proclamation as a Special Economic Zone.

“Perhaps we will re-launch CBP to accelerate build-up and promote integrated development in the Park,” Monera said. Read more…