With the growing demand for products manufactured by BCEZ-based companies, employment there rose by six percent from 13,802 workers in 2016 to 14,622 in 2017. It also houses garment companies with operations in the city. The BCEZ is host to Texas Instruments, a manufacturer of microchips for gadgets, and the MOOG Controls, which manufactures bolts and parts for airplanes. The figure, Cayat noted, is the combined export receipts of the Baguio City Economic Zone (BCEZ), the 247-hectare John Hay Tourism Special Economic Zone (JHSEZ), and the SM Baguio Cyberzone.Ĭayat said the largest contributor to the economic zone exports were radio, television, and communications equipment, which accounted for 64.8 percent, followed by fabricated metal products, except machinery and electrical, which registered 28.6 percent, and call centers, 6.2 percent. BAGUIO CITY - The planning and development office of Baguio says the city is on the right track and is economically growing, as shown by indicators of progress in 2017 compared with 2016.Įvelyn Cayat, City Planning and Development Officer, reported on Friday that the city's total exports grew by 75.2 percent to USD2.9 billion in 2017 from 2016, based on the latest data from the Philippine Economic Zone Authority (PEZA).
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