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Benefiting from being located at the heart of the West Midlands manufacturing and distribution networks, with valuable incentives available, the BCEZ covers 120 hectares and is one of the UK's leading business hubs.
"Currently AC/a,!A| the ancestral lands covering the BCEZ and the John Hay Special Economic Zone (JHSEZ) are being sold by families holding CALT, disrupting the nature of these government reservations," Moreno said.
Moreno, however, did not identify the CALT inside BCEZ and JHSEZ that have been sold.
Companies in BCEZ had been invited to pledge their support during the launch.
Mipa said the cool climate and the daily minimum wage in Baguio City are a come-ons for investors to the 116-hectare BCEZ which now needs to expand.
The BCEZ authorities are considering expanding the economic zone to the other component municipalities of the BLISTT area (La Trinidad, Itogon, Sablan, Tublay and Tuba) all in Benguet.
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