The participants were acquainted of the benefits and responsibilities of being a TEZ operator, requirements to maintain designation, procedures on how to avail of incentives and how to obtain permits and licenses, and the participation of operators in the monitoring of TEZs," the agency said.
Last November, TIEZA approved the registration of Hijo Resources as TEMFS of Hijo Resorts TEZ in Tagum City, Davao del Norte as well as the designation of Panglao Bay Premiere Flagship TEZ and its comprehensive tourism masterplan.
Shahid Mustafa, President and CEO - Telenor Microfinance Bank and Nadeem Hussain, Founder and CEO - TEZ
Financial Services were the signatories on behalf of their respective companies.
Founder and CEO of TEZ
Financial Services Nadeem Hussain said, 'Tez Financial Services and #39; collaboration with Telenor Microfinance Bank enables us to utilize the country's largest branchless banking agent network.
TEZ 6 included areas within 200 m of road segments with high-volume traffic (> 40,000 vehicles/day) and congestion-related delays of [greater than or equal to] 35% during morning peak traffic (as estimated on a typical day in the fall or spring of 2005).
Models to estimate associations with the TEZs included five indicator variables for the six TEZ areas, with TEZ 1 used as the reference group for all comparisons.
He cited the flagship TEZ in Panglao, where foreign investors could lease the land to put up hotels.
The TIEZA official said foreigners cannot own land in the Philippines, so locating as hotel operators in TIEZA's TEZs is one viable option for them to do business in the country.
Address : Open one stage request for proposals for the right to enter into an Agreement for the repair of electric motors for the needs of Novogorkovskaya TEZ
branch "Nizhny Novgorod" PAO "Plus T"
For this year, Aquino said they plan to approve three or four TEZs
I think we have 13 or 14 TEZ
applications in the pipeline," Aquino said.
A flagship TEZ
is a joint initiative of the Department of Tourism (DOT) and TIEZA to seek out and develop areas in the Philippines with viable tourism potential.