Short Title.
Section 1
SECTION 1. Short Title. - This Act shall be known as the "Bulacan Special Economic Zone and Freeport Act".
RA 11999 CHAPTER I
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
Declaration of Policy.
Section 2
SEC. 2. Declaration of Policy. - It is declared the policy of the State to encourage, promote, and accelerate the sound and balanced industrial, economic and social development of the country. The establishment of a strategically-located, master-planned, and value-creation-oriented special economic zone, within the framework and limitations of the Constitution, shall attract legitimate and productive foreign investments that generate employment and increase productivity and individual, as well as family incomes, thereby enhancing the quality of life of the Filipino people. It is also the declared policy of the State to promote an effective and sustainable economic growth model that benefits all stakeholders.
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