Exploring Republic Act No

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What is the title of the act that provides for the legal framework and mechanisms for the creation of special economic zones in the Philippines?

The Special Economic Zone Act of 1995

What is the declared policy of the government, as mentioned in the text?

To promote the use of private sector resources

What is the name of the authority created for the operation and administration of special economic zones in the Philippines?

The Philippine Economic Zone Authority (PEZA)

What is the title of the act that provides for the legal framework and mechanisms for the creation, operation, administration, and coordination of special economic zones in the Philippines?

<p>The Republic Act No. 7916</p> Signup and view all the answers

What is the main purpose of the act mentioned in the text?

<p>To encourage private enterprise and provide incentives for investments</p> Signup and view all the answers

What is the role of the private sector, according to the 1987 Constitution mentioned in the text?

<p>To provide incentives to needed investments</p> Signup and view all the answers

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