BuCor and PEZA formalize partnership to set-up eco zones

30 January 2024

The Bureau of Corrections (BuCor) and the Philippine Economic Zone Authority (PEZA) have formally inked their mutual partnership to advance and contribute to the nation’s economic growth.

This agreement will identify areas within penal colonies which have the potential to become economic zones, focusing on Palawan to become an agricultural and economic zone.

Under this partnership, idle lands of the BuCor which formerly had little to no use will now be maximized to produce economic and agricultural output making a major contribution to the country’s food security.

DOJ Undersecretary Deo L. Marco, BuCor Director General Gregorio Catapang, Jr., PEZA Deputy Director General Maria Veronica F. Magsino and PEZA Director General Tereso O. Panga (from right to left) spearheaded the signing ceremony of the Memorandum of Understanding (MOU) between the two agencies.

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