May 8, 2025
Description:
PPMC presented investment opportunities at the Poro Point Freeport Zone (PPFZ) during the Chamber of Real Estate and Builders’ Associations (CREBA) Monthly Meeting on May 7, 2025, at the R Buffet Restaurant. The presentation highlighted PPFZ as an innovative engine of growth in the northern Philippines, showcasing strategic development plans, tax incentives, and infrastructure projects designed to attract investments and stimulate regional economic development.
CREBA stands as one of the Philippines’ most prestigious real estate organizations, with over 4,000 member firms, individuals, and associations involved in land and housing, construction, allied industries, and various professional disciplines.
The Poro Point Freeport Zone used to house the former Wallace Air Station. The enactment of Republic Act 7227 (Bases Conversion and Development Act) on March 19, 1992 and Proclamation No. 216 on July 27, 1993 effectively transferred the stewardship of the Freeport to the Bases Conversion and Development Authority (BCDA) to facilitate its conversion into a productive economic growth center.
Gov. Joaquin L. Ortega Ave. (Formerly Pennsylvania Ave.) San Fernando City 2500, La Union Philippines
