Strengthening Powers of Freeport Area of Bataan

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Republic Act No. 11453: Strengthening Powers of Freeport Area of Bataan

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Title Supreme Court: Strengthening Powers of Freeport Area of Bataan

Law: Republic Act No. 11453

Decision Date: Aug 30, 2019

Republic Act No. 11453 amends Republic Act No. 9728, converting the Bataan Economic Zone into the Freeport Area of Bataan (FAB) and strengthening the powers and functions of the Authority of the Freeport Area of Bataan (AFAB), allowing for the development of a self-reliant and self-sustaining industrial, commercial, research, and development center with separate customs territory status and various tax incentives.

freeport area

bataan

economic zone

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