The Mactan Newtown
The Mactan Newtown is a Special Economic Zone located in Barangay Mactan, Lapu-Lapu City, Cebu, Philippines, established in 2012, regulated by the Philippine Economic Zone Authority (PEZA).
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 | active |
Investment Incentives
Income tax holiday, duty-free importation of capital equipment, simplified import-export procedures, unrestricted use of foreign currency
Sector Focus
The Mactan Newtown hosts businesses specialising in 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.
Who regulates The Mactan Newtown?
The Mactan Newtown is regulated by the Philippine Economic Zone Authority (PEZA).
What sectors operate in The Mactan Newtown?
The Mactan Newtown hosts businesses in IT Services, Tourism, and Retail.
What are the investment incentives at The Mactan Newtown?
Income tax holiday, duty-free importation of capital equipment, simplified import-export procedures, unrestricted use of foreign currency