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Sunday, September 6, 2009

Zambales signs deal for $50-billion investment

Governer Amor D. Deloso, on September 3, 2009, signed a US $50-billion investment for priority projects in Zambales, focusing on tourism, real estate development, infrastructure, agricultureal research, indigenous power supply and mineral enchancements.

The Memorandum Agreement was inked between the Zambales Provincial Government and the Swiss Global Connect USA, in partnership with the AIPAC Philippine Management Corporation. This was in accordance with the build, operate and transfer (BOT), or the build, operate and own (BOO) programs of the national and provincial government, witnessed by various political leaders, heads of agencies and guests.

Read the full article: Zambales inks $ 50-B investments with Swiss Global Connect USA