Connecting Central Luzon Ecozones
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Olongapo City
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Saturday, 03 February 2007 |
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The Subic Bay Metropolitan Authority (SBMA) stated the best possibility that the Subic-Clark-Tarlac Expressway (SCTEx) project programmed for full accomplishment this year will promote the economy of the whole Central Luzon.The US $425-million 93.7-kilometer four-lane SCTEx is now 57 percent complete and is believed to be fully accomplished earlier than the end of the third quarter of 2007 to make easier way connecting the three economic growth areas in Central Luzon, namely, Subic Bay Freeport, Diosdado Macapagal International Airport (DMIA) in Clark, and Santa Luisita Industrial Park in Tarlac. The expressway will shorten the journey time connecting ecozones in Central Luzon. As a result, improved industrialization in the Subic Freeport will be achieved with the entrance of new foreign investors, particularly from Taiwan and South Korea. Time factor is now being given significance and priority by business managers to find out the quality of service they supply to their customers. The Port of Subic can now be utilized by farmers and business managers to export their fresh fruits and vegetables and other finished products to other countries, and to import goods and commodities from other countries. While the Subic Bay Metropolitan Authority (SBMA) and Clark Development Corporation (CDC) intend to open 200,000 jobs earlier than the end of 2010, the expected new business will assist produce jobs for residents of Central Luzon. SCTEx is a great help to entice new foreign investors, isn’t it? (Found via Balita.ph) |
