The Mactan Newtown
The Mactan Newtown is a Special Economic Zone located in Barangay Mactan, Lapu-Lapu City, Cebu, Philippines, established in 2012, with Philippine Economic Zone Authority (PEZA) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Barangay Mactan, Lapu-Lapu City, Cebu, Philippines |
| Year Established | 2012 |
| Area | 150 hectares |
| Companies | 350 |
| Governing Authority | Philippine Economic Zone Authority (PEZA) |
| Status | operational |
Recorded Benefits and Incentives
Benefits include 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
The Mactan Newtown is listed with a sector focus including IT Services, Tourism, and Retail.
About The Mactan Newtown
The Mactan Newtown is a vibrant mixed-use development that integrates residential, commercial, and IT spaces. It aims to boost tourism and economic growth in the region.
Frequently Asked Questions
What type of zone is The Mactan Newtown?
The Mactan Newtown is a Special Economic Zone.
Where is The Mactan Newtown located?
The Mactan Newtown is located in Barangay Mactan, Lapu-Lapu City, Cebu, Philippines.
When was The Mactan Newtown established?
The Mactan Newtown was established in 2012.
Which governing authority is listed for The Mactan Newtown?
SEZ Explorer records Philippine Economic Zone Authority (PEZA) as the governing authority for The Mactan Newtown. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for The Mactan Newtown?
The Mactan Newtown is listed with a sector focus including IT Services, Tourism, and Retail.
Which benefits and incentives are recorded for The Mactan Newtown?
SEZ Explorer's current record lists: Benefits include 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.