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The remarkable progress brought about by the country’s first and premiere economic zone (Bataan Economic Zone), a modern industrial complex with more than 60 multinational companies manufacturing products for global export and providing employment to more than 25,000 Filipinos.has encouraged the Municipality of Mariveles to provide favorable and ideal business climate to prospective new investments.
Two giant manufacturing and processing plants have further contributed to the phenomenal growth of Mariveles as an industrial town in the province of Bataan.
The Petrochemical Development Corporation
The Philippine National Oil Company – Petrochemical Development Corporation (PNOC-PDC), a multi-million dollar project, came in as the biggest single investment in 1993.
Sprawled on a 530-hectare land along the coastal area at Brgy. Batangas Dos, PNOC-PDC operated and developed the area as a petrochemical industrial estate, and established thereat petrochemical and related industries either by itself or in joint venture with private investors. Today, there are five companies operating within the complex employing some 2000 Filipino workers.
Plastic City
The following year, Diversified Plastic Film, a petrochemical downstream industry established its plant at Brgy. Alion. Now, on its expansion phase, it is expected to become a plastic city and has a projected employment of 5,000 workers in the next five years.
The local employment generated by these manufacturing companies and their valuable contribution to revenues of the municipality has prompted the local government administration of Mariveles to welcome new business investments in manufacturing, tourism, small and medium-scale industries through incentives in local taxation and licensing.
Background
Mariveles is a first class municipality in terms of its income, accredited mostly to big establishments exiting in the municipality; consequently, they also have a high employment rate. Mostly engineers, skilled and unskilled laborers, technical men from the province and other towns and cities.
It hosts the country's first economic zone, first petrochemical industrial estate and plastic city (a petrochemical down stream industrial zone specializing in polyethylene sheets), a grain handling terminal (ATI-SMC) and an integrated footwear manufacturing plants based in the zone. The town is now a conurbation of different Filipino and foreign cultures as local migrants flock to the municipality for job and livelihood opportunities. Foreign expatriates associated with export manufacturing firms have also established their residence in Mariveles.
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