PH's biggest ecozone rising in Iwahig

The Philippine Economic Zone Authority (PEZA) has officially approved the country’s largest economic zone (ecozone) to date, which will rise within Iwahig Prison and Penal Farm in Puerto Princesa City, Palawan.

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In a statement, PEZA said its board of directors greenlit the Palawan Mega Ecozone project on May 21.

Considered as the first of its kind, the development is a joint undertaking of PEZA and the Bureau of Corrections (BuCor), which oversees the penal farm.

PEZA and BuCor formed a partnership in January 2024 to pursue the establishment of mega ecozones in the country.

A year later, both agencies signed a memorandum of understanding (MOU) to formally initiate the process of developing Palawan Mega Ecozone.

Based on the agreement, 28,000 hectares (ha) of the Iwahig property will be developed as the ecozone.