The Aurora Pacific Economic Zone Authority (APECO) has declared its return to the country’s investment map, reporting renewed investor interest and steady progress in long-stalled infrastructure as it rebuilds momentum after years of dormancy.
APECO President and CEO Atty. Gil G. Taway IV made the announcement during his State of APECO Address on December 13 at the authority’s main office in Casiguran, Aurora. He said the past two years have marked a turning point, with a notable increase in investor inquiries and the successful rollout of investment missions overseas.
Among the most significant developments are upcoming memoranda of understanding with two major Spanish firms, Fira Barcelona and IDOM. The partnerships will explore the development of a food and cold chain logistics hub, port modernization, and a world-class convention and exhibition facility aligned with APECO’s tourism and meetings, incentives, conventions, and exhibitions (MICE) strategy.
APECO has also expanded its international reach through a partnership with KADIN Indonesia, culminating in the first APECO Business Forum aimed at drawing foreign investors into the ecozone.
On the ground, the authority reported major progress in P800 million worth of previously abandoned infrastructure projects. Four key facilities—the Sewage Treatment Plant Phase 1, Central Water Supply and Reservoir Phase 1, a fire station, and a fire protection equipment facility—have been completed, while other projects are now between 92 and 98 percent finished.
This year, APECO also inaugurated new facilities, including a Motorpool, Materials Recovery Facility, Control Points, and a Super Health Center. Upgraded APECO Villas and Residences have reopened to tourists, supporting the zone’s tourism push.
In addition, the agency delivered P416 million worth of new energy, road network, and tourism infrastructure projects, reinforcing its pitch as a revitalized and investor-ready economic zone.
