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$1-billion maglev research hub to rise in Cagayan ecozone

The Cagayan Economic Zone Authority (Ceza) has announced that it has inked a tripartite memorandum of understanding (MoU) with two Chinese companies to develop a maglev research and development …

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November 7, 2018

USD1-B regional R&D hub for Maglev trains eyed in Cagayan ecozone

MANILA — Cagayan Economic Zone Authority (CEZA) Administrator and Chief Executive Officer Raul Lambino and two Chinese firms have signed a memorandum of understanding (MOU) to establish a regional…
November 7, 2018

2 Chinese firms aim to produce ‘world’s fastest trains’ in Cagayan

Two Chinese companies want to produce what they claimed to be the world’s fastest trains in Cagayan with an initial project cost of $1 billion, the Cagayan Economic Zone Authority (Ceza) said. Ceza…
November 7, 2018

HK firms eye Maglev trains R&D and production in PH

Hong Kong-based firms engaged in technology and finance have proposed to establish the first training and production center in the Philippines for Maglev (magnetic levitation) trains, the world’s f…
November 6, 2018

Chinese group to invest US$1m IR in Cagayan casino

The Cagayan Economic Zone Authority (CEZA) in the Philippines says it has signed a memorandum of understanding with Shanghai Jucheng Supply Chain Management (Group) Co Ltd for the development of a …
November 6, 2018

CEZA says Chinese consortium to build $100m IR

Chinese conglomerate Shanghai Jucheng Supply Management Group plans to invest $100 million to develop an integrated resort with a casino in the Cagayan Special Economic Zone and Freeport, local med…

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