Republic Acts1 min read
Section 60Sec./Art. 60
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Designation of TEZs. - The TIEZA shall designate TEZs, upon the recommendation of any LGU qr private entity, or through joint ventures between the public and the private sectors. Such designation shall be subject to the provisions of this Act and to minimum requirements which the TIEZA shall subsequently promulgate.
TEZs shall not proliferate in a manner that diminishes their strategic economic and developmental value to the national economy.
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