MANILA, Philippines — A bill establishing the Bulacan Special Economic Zone and Freeport, and creating the Bulacan Special Economic Zone and Freeport Authority lapsed into law on June 13, 2024, Malacañang said Friday.Republic Act 11999, or the 'Bulacan Special Economic Zone and Freeport Act' lapsed into law without the signature of President Ferdinand Marcos Jr. after being passed by both houses of Congress on March 18, 2024.
Under the law, the Bulacan Special Economic Zone and Freeport will be known as the 'Bulacan EcoZone,' or , which shall cover the airport project and the airport city project while the Bulacan Special Economic Zone and Freeport Authority, or the BEZA will manage the BuZ. The BEZA shall be organized within 180 days upon the effectivity of the law, which will take effect 15 days following the completion of its publication in the Official Gazette, or in a newspaper of general circulation.
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