Fort Ilocandia Tourism Economic Zone
Fort Ilocandia Tourism Economic Zone is a Mixed Use Zone located in Balacad, Laoag City, Ilocos Norte, Philippines, established in 2004, with Philippine Economic Zone Authority (PEZA) listed as its governing authority.
Key Facts
| Type | Mixed Use Zone |
|---|---|
| Location | Balacad, Laoag City, Ilocos Norte, Philippines |
| Year Established | 2004 |
| Area | 100 hectares |
| Companies | 100 |
| Governing Authority | Philippine Economic Zone Authority (PEZA) |
| Status | operational |
Recorded Benefits and Incentives
The zone offers an income tax holiday, duty-free importation of capital equipment, simplified import-export procedures, and unrestricted use of foreign currency.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Fort Ilocandia Tourism Economic Zone is listed with a sector focus including Special Economic Zone and Tourism.
About Fort Ilocandia Tourism Economic Zone
The Fort Ilocandia Tourism Economic Zone is an integrated resort complex in Laoag, Philippines, designated to promote tourism, attract investments, and generate employment opportunities. It offers accommodation, sports and recreation centers, convention and cultural facilities, and theme parks, primarily targeting foreign tourists. It operates under the Special Economic Zone Act (RA 7916) and aims to boost economic growth through tourism promotion and infrastructure development.
Frequently Asked Questions
What type of zone is Fort Ilocandia Tourism Economic Zone?
Fort Ilocandia Tourism Economic Zone is a Mixed Use Zone.
Where is Fort Ilocandia Tourism Economic Zone located?
Fort Ilocandia Tourism Economic Zone is located in Balacad, Laoag City, Ilocos Norte, Philippines.
When was Fort Ilocandia Tourism Economic Zone established?
Fort Ilocandia Tourism Economic Zone was established in 2004.
Which governing authority is listed for Fort Ilocandia Tourism Economic Zone?
SEZ Explorer records Philippine Economic Zone Authority (PEZA) as the governing authority for Fort Ilocandia Tourism Economic Zone. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Fort Ilocandia Tourism Economic Zone?
Fort Ilocandia Tourism Economic Zone is listed with a sector focus including Special Economic Zone and Tourism.
Which benefits and incentives are recorded for Fort Ilocandia Tourism Economic Zone?
SEZ Explorer's current record lists: The zone offers an income tax holiday, duty-free importation of capital equipment, simplified import-export procedures, and unrestricted use of foreign currency. Verify eligibility and current terms with the zone authority.