Saturday 22 December 2012

INQUIRER.net: Angara makes pitch for Apeco

INQUIRER.net
Philippine News for Filipinos
Angara makes pitch for Apeco
Dec 22nd 2012, 16:20

Sen. Edgardo Angara believes the proposed Aurora Pacific Ecozone and Freeport Authority (Apeco) has taken on a regional strategic value following China's recent announcement of new rules banning foreign vessels from waters it considers its territory in the West Philippine Sea (South China Sea).   Angara, author of the law creating the controversial free port in his province, said Apeco's air and sea ports are the closest to the potentially mineral and natural gas-rich Benham Rise.   "So Apeco is the only pier and airport on the Pacific [side of the Philippines], the only free trade zone in the Pacific," Angara said at a news conference on Saturday. "Th...

Keep on reading: Angara makes pitch for Apeco

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