APECO
Encyclopedia
The Aurora Pacific Economic Zone and Freeport, also known as APECO, was established by virtue of Republic Act No. 9490, otherwise known as the Aurora Special Economic Zone Act of 2007. It is being supervised and managed by the Aurora Pacific Economic Zone and Freeport Authority into a self-sustaining industrial, commercial, financial, and recreational center, with a suitable residential area, in order to create employment opportunities around Casiguran
, and to effectively encourage and attract legitimate and productive local and foreign investments.
in the province of Aurora, a coastal town in the eastern seaboard of the island of Luzon
in the Philippines. Aurora is enveloped within the provinces of Isabela, Quirino
, and Nueva Ecija
. It is esteemed as the only Economic Zone facing the Pacific Ocean, an ideal starting point for the inflow of commerce in the Northeastern quadrangle of Luzon. Aurora Province is a 328-kilometer land area facing the Pacific Ocean
ornamented with natural wonders. The Ecozone was purposely situated in the bay area of Casiguran, a naturally protected enclave cradled by the Sierra Madre
mountain range and the 12,000-hectare San Ildefonso Peninsula
. Casiguran and Baler
, the latter being the capital of Aurora, are among the oldest municipalities of Aurora with a combined population of about 53,000. Fishing and farming are considered the major industries of the province.
At present, APECO is undertaking the development of the phase one of the ecoze consisting of 25 hectares that include the construction of a 3-star hotel and the administration building.
The second phase will involve the construction of infirmary building and other infrastructure facilities like telco and BPO facilities.
Casiguran, Aurora
Casiguran is a 3rd class municipality in the northern part of the province of Aurora, Philippines. According to the latest census , it has a population of 22,403 people in 4,366 households.-Geography:...
, and to effectively encourage and attract legitimate and productive local and foreign investments.
Location
APECO is located in the municipality of CasiguranCasiguran, Aurora
Casiguran is a 3rd class municipality in the northern part of the province of Aurora, Philippines. According to the latest census , it has a population of 22,403 people in 4,366 households.-Geography:...
in the province of Aurora, a coastal town in the eastern seaboard of the island of Luzon
Luzon
Luzon is the largest island in the Philippines. It is located in the northernmost region of the archipelago, and is also the name for one of the three primary island groups in the country centered on the Island of Luzon...
in the Philippines. Aurora is enveloped within the provinces of Isabela, Quirino
Quirino
Quirino is a province of the Philippines located in the Cagayan Valley region in Luzon. Its capital is Cabarroguis and was named after Elpidio Quirino, the sixth President of the Philippines. The province borders Aurora to the southeast, Nueva Vizcaya to the west, and Isabela to the north...
, and Nueva Ecija
Nueva Ecija
Nueva Ecija is a landlocked province of the Philippines located in the Central Luzon region. Its capital is Palayan City...
. It is esteemed as the only Economic Zone facing the Pacific Ocean, an ideal starting point for the inflow of commerce in the Northeastern quadrangle of Luzon. Aurora Province is a 328-kilometer land area facing the Pacific Ocean
Pacific Ocean
The Pacific Ocean is the largest of the Earth's oceanic divisions. It extends from the Arctic in the north to the Southern Ocean in the south, bounded by Asia and Australia in the west, and the Americas in the east.At 165.2 million square kilometres in area, this largest division of the World...
ornamented with natural wonders. The Ecozone was purposely situated in the bay area of Casiguran, a naturally protected enclave cradled by the Sierra Madre
Sierra Madre (Philippines)
The Sierra Madre is a mountain range in The Philippines. It is located along the north-eastern coast of Luzon Island, running north/south. Quezon National Forest Park is situated in the range.-Geography:...
mountain range and the 12,000-hectare San Ildefonso Peninsula
San Ildefonso Peninsula
San Ildefonso Peninsula is a peninsula in Central Luzon, central part of Luzon island, Philippines, at ....
. Casiguran and Baler
Baler, Aurora
Baler is a 4th class municipality in the province of Aurora, Philippines. It is the provincial capital of Aurora. According to the latest census, it has a population of 34,492 people and 5.955 members per household....
, the latter being the capital of Aurora, are among the oldest municipalities of Aurora with a combined population of about 53,000. Fishing and farming are considered the major industries of the province.
Land Area and Infrastructure Development
APECO has a total of 496 hectares in the mainland of Casiguran and an additional 12,000 hectares in the San Ildefonso, Peninsula. Because of its pristine location and natural beauty, this special ecozone is being promoted as an eco-friendly and tourism ecozone.At present, APECO is undertaking the development of the phase one of the ecoze consisting of 25 hectares that include the construction of a 3-star hotel and the administration building.
The second phase will involve the construction of infirmary building and other infrastructure facilities like telco and BPO facilities.
See also
- Subic Bay Freeport ZoneSubic Bay Freeport ZoneSubic Bay Freeport Zone , which is known simply as Subic Bay, is the Philippines' first success case of a into a tax- and duty-free zone similar to Hong Kong and Singapore, operated and managed by the Subic Bay Metropolitan Authority or SBMA. It covers the fenced area of the former U.S...
(formerly U.S. Naval Base Subic BayU.S. Naval Base Subic BayU.S. Naval Base Subic Bay was a major ship-repair, supply, and rest and recreation facility of the United States Navy located in Zambales, Philippines. It was the largest U.S...
) - Cagayan Special Economic ZoneCagayan Special Economic ZoneThe Cagayan Special Economic Zone and Freeport in the Philippines, also known as Cagayan Freeport, was established by virtue of Republic Act No. 7922, otherwise known as the Cagayan Economic Zone Act of 1995...