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Zamboecozone 2018 export income reaches USD17.8-M

By R. G. Antonet Go

January 18, 2019, 7:22 pm

ZAMBOANGA CITY -- The Zamboanga City Special Economic Zone (Zamboecozone) earned some USD17.8 million through the export of local products in 2018.

Christopher Lawrence Arnuco, Zamboecozone chairperson and administrator, said Friday that last year’s income was higher by USD1 million from the USD16.8 million the economic zone earned in 2017.

Arnuco said the Zamboecozone exports octopus and other fishery products. These are being exported to Croatia, Belgium, Portugal, China, Indonesia, Korea, and America.

He attributed the increase in exports to the ease of doing business, availability of supply, and peace and order.

He said the locators of the Zamboecozone have also increased from 39 in 2017 to 48 in 2018.

Meanwhile, Zamboecozone is eyeing to start exporting this year other agricultural products, among them calamansi, coconut, peanuts, and dried fish. The new products are seen to increase the export income by at least 10 percent up to 20 percent. (PNA)

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