Section 1Sec./Art. 1

Section 3 of Republic Act No. 9728 is hereby amended to read as follows:

"Sec. 3. Conversion of the Bataan Economic Zone (BEZ) into the Freeport Area of Bataan. The existing Bataan Economic Zone located in the Municipality of Mariveles, Province of Bataan is hereby converted into a special economic zone and freeport, and along with other territories indicated in this Act, shall be known as the Freeport Area of Bataan (FAB).

"The FAB shall cover the (a) land territories in the Municipality of Mariveles, Province of Bataan formerly part of the BEZ comprising an area of approximately one thousand seven hundred forty-two and 48⁄100 (1,742.48) hectares (the FAB main zone), and (b) all other expansion areas within the Province of Bataan which may be declared as part of the FAB in compliance with Section 4(g) of this Act, including all municipal waters within the FAB main zone and of the expansion areas located at the coastline of the Province of Bataan (the other FAB zones).

"The metes and bounds of the FAB main zone, and the other FAB zones, which shall be fenced and include the establishment of an administrative office for ease of customs administration and border control, shall be determined based on the technical description and coordinates verified and approved by the Land Management Bureau, the National Mapping and Resource Information Authority, and other government agencies as may be provided by pertinent law.

"Prospective developers and locators may choose to register with the AFAB, PEZA or such other investment promotion agency: Provided, That in no case shall a registered enterprise enjoy incentives from two (2) or more investment promotion agencies: Provided, further That in no case shall an AFAB-registered enterprise be located within an ecozone administered or managed by another investment promotion agency."