There are at least five (5) ecozones which may well serve as Iloilo’s economic drivers, namely: Leganes, Dumangas, Miag-ao, Concepcion and Passi City.
The ecozone areas at the provincial level were identified as ideal sites for special economic zones considering its available infrastructure, stable power supply and reliable telecommunications facilities.
The development of ecozones will contribute in realizing Iloilo’s target as an agri-manufacturing center. It will deliver the following: increase the export, increase production and manufacturing capability, and create thousands of jobs. Investment areas includes infrastructure, logistics, transportation and cold storage facilities.
The establishment of ecozone is also envisioned as the solution that will hasten transfer of technology and motivate our farmers, small and medium enterprises, and local government units to complete the supply chain needed by industries. This will help attain self-reliance through self-sustaining efforts and resource generating system.
Metro Iloilo Special Economic Zone (MILOECOZONE) and Freeport Authority
A legislative initiative was initiated by Iloilo City Lone District Representative Julienne L. Baronda who passed House Bill 5794 or the proposed Act Creating the Metro Iloilo Special Economic Zone (MILOECOZONE) and Freeport Authority. The HB 5794 were approved by both the Committee on Economic Affairs and Committee on Trade and Industry of Congress in February 11, 2020.
The MILOECOZONE is a 50-hectare zone that will be established at the Iloilo International Port in La Paz district in Iloilo City. It is considered as the first complex in Region VI which is vital in boosting up Iloilo’s international trade.
- Development of domestic industrial zones with a minimum required area of twenty (20) hectares of contiguous land, with core infrastructure, facilities, such as: paved roads, power system, water supply, drainage system, pollution control devices and communication facilities, and with at least five (5) locators.
- Production and manufacture of export products: Export products includes electronics, marine and aquaculture, minerals and other products.