The Freeport Area of Bataan (FAB) registered a total committed investment of P17,355,535,908.02 for the period May 2023 to May 2024 making it one the country’s viable freeport zones.

In its year-end review entitled “Dynamic Transformation and Progress,” the Authority of the Freeport Area of Bataan (AFAB) indicated that the San Miguel conglomerate led local investors with investments going into the expansion of their food processing and power generation plants with an investment capital of P10.6 billion.

It added that industrial mold and lamination producer GQ Horizon, specialty detergent maker Kirubai, and safety apparel and harness manufacturer Surex Safe Venture, led foreign locators with additional investments into their existing facilities.

New expansion areas consisting of Ruzena and Efare committed an investment capital of up to P1.13 billion. The FAB now has a total of 155 registered enterprises and 17 expansion areas in different towns of Bataan.

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