The Authority of the Freeport Area of Bataan (AFAB) was among the agencies recently recognized by the Philippine Civil Service Commission (CSC) in honor of its outstanding contributions in mitigating the effects of the COVID-19 pandemic as well as other crises experienced in the past year. Among the notable programs and projects of AFAB in continue reading : AFAB receives recognition from CSC for its COVID-19 relief and response efforts

The Authority of the Freeport Area of Bataan (AFAB) once again held its fifth State of the Freeport Address (SOFA), delivered by AFAB Administrator Emmanuel D. Pineda last 05 October 2022 at the Auditorium of the AFAB Administration Building, Mariveles, Bataan.   As his 6-year term comes to close, Administrator Pineda recounted the Authority’s recent continue reading : AFAB holds 5th State of the Freeport Address, Admin Pineda recounts successful 6-year term

Registered enterprises in the Freeport Area of Bataan (FAB) were able to operate strongly and productively towards accelerating trade, as the Authority of the Freeport Area of Bataan recorded a total of $571.2 million in export transactions and $538 million in import transactions as of August 2022. This figured lead to the net trade balance continue reading : AFAB records positive net contribution to the PH’s GDP

In terms of investments, the Authority of the Freeport Area of Bataan (AFAB) has accumulated an approximate total of PhP 935 million already approved by its Board so far this year, that brings the total worth of investments brought in the FAB since 2016 to PhP 130.38 Billion. AFAB Administrator Pineda also mentioned in his continue reading : AFAB stays optimistic in driving higher investments in the FAB

Despite the fact that most business in the Freeport Area of Bataan (FAB) are still on their path to recovery, enterprises therein were able to maintain a high number of employment generated so far this year, with 37,261 workers in the FAB. This is a result of the Authority of the Freeport Area pf Bataan’s continue reading : FAB sustains employment generation in 2022

The Authority of the Freeport Area of Bataan (AFAB) was able to declare and register a total of 17 FAB Expansion Areas (FEAs) as of August 2022, by virtue of Republic Act No. 11453, otherwise known as, “An Act Further Strengthening the Powers and Functions of the Freeport Area of Bataan”.   “As a result, continue reading : AFAB declares 17 expansion areas in Bataan

By undertaking resolute actions in the face of the unfolding events of the pandemic, the Authority of the Freeport Area of Bataan (AFAB) was able to sustain the tempo of its work to keep the businesses in the Freeport moving. As a result of this, it has noted a total of 96 operating FAB Registered continue reading : AFAB’s records increase in operating enterprises compared to 2021