Zamboanga City Special Economic Zone Authority

The Zamboanga City Special Economic Zone Authority (Zamboecozone), otherwise known by its corporate name as Zamboanga Freeport Authority (ZFA), was created by virtue of the Republic Acts of the Philippines 7903 of the Philippines, authored by then Congresswoman and late mayor of the city of Zamboanga, Maria Clara L. Lobregat.

The special economic zone was enacted into law on February 23, 1995 and made operational a year later with the appointment of a Chairman and Administrator and the members of the Board by former President Fidel V. Ramos. It is located about 20 km. from Zamboanga City. The Zamboanga Freeport Authority is managed as a separate customs territory and offers incentives for would-be investors like tax free importation of goods, and other tax incentives.

Read more about Zamboanga City Special Economic Zone Authority:  History, List of Investors

Famous quotes containing the words city, special, economic, zone and/or authority:

    There was never a revolution to equal it, and never a city more glorious than Petrograd, and for all that period of my life I lived another and braved the ice of winter and the summer flies in Vyborg while across my adopted country of the past, winds of the revolution blew their flame, and all of us suffered hunger while we drank at the wine of equality.
    Norman Mailer (b. 1923)

    Personal prudence, even when dictated by quite other than selfish considerations, surely is no special virtue in a military man; while an excessive love of glory, impassioning a less burning impulse, the honest sense of duty, is the first.
    Herman Melville (1819–1891)

    Postmodernism is, almost by definition, a transitional cusp of social, cultural, economic and ideological history when modernism’s high-minded principles and preoccupations have ceased to function, but before they have been replaced with a totally new system of values. It represents a moment of suspension before the batteries are recharged for the new millennium, an acknowledgment that preceding the future is a strange and hybrid interregnum that might be called the last gasp of the past.
    Gilbert Adair, British author, critic. Sunday Times: Books (London, April 21, 1991)

    He who, from zone to zone,
    Guides through the boundless sky thy certain flight,
    In the long way that I must tread alone,
    Will lead my steps aright.
    William Cullen Bryant (1794–1878)

    The most absurd apology for authority and law is that they serve to diminish crime. Aside from the fact that the State is itself the greatest criminal, breaking every written and natural law, stealing in the form of taxes, killing in the form of war and capital punishment, it has come to an absolute standstill in coping with crime. It has failed utterly to destroy or even minimize the horrible scourge of its own creation.
    Emma Goldman (1869–1940)