The government shall continue the promotion of private sector-led development of economic investment promotion areas by both foreign and local investors. Moreover, government shall also provide the needed support in the setting up of investment locations.
Economic zones shall be promoted and special economic zones shall be strengthened. Experience has shown that facilitating economic zone development by the private sector is effective in attracting export enterprises to locate in said zones, given the support facilities, infrastructure and services available in such areas. The development of economic zones generates employment and business opportunities by establishing linkages among industries in and around the economic zones.
In addition, the government shall pursue the issuance and full implementation of the rules and regulations for the designation of tourism enterprise zones, envisioned to expand the current room capacities and diversify products in tourist destinations.