APECO President and Chief Executive Officer Gil G. Taway IV delivers a message during the Blue Economy, Security, Science and Technology (BESST) Roadshow held at Aurora State College of Technology (ASCOT), highlighting Aurora’s potential in advancing sustainable coastal development and Blue Economy initiatives. (Photo By: PIA-Aurora)
BALER, Aurora — The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning Aurora as a rising hub for sustainable investment and economic growth through the development of its Blue Economy sector.
Speaking during the Blue Economy, Security, Science and Technology (BESST) Roadshow at Aurora State College of Technology (ASCOT), APECO President and Chief Executive Officer Gil G. Taway IV highlighted the province’s vast potential to attract investors and create employment opportunities by harnessing its marine and coastal resources.
Taway noted that Aurora’s long Pacific coastline, abundant marine biodiversity, and strategic location offer significant opportunities for industries ranging from fisheries and tourism to renewable energy and maritime services.
“By maximizing our natural advantages while ensuring sustainability, Aurora can generate more jobs, strengthen local industries, and contribute to national economic development,” he said.
Photo By: PIA-Aurora
According to Taway, APECO’s Blue Economy strategy is built around four key pillars: food security, tourism development, energy security, and maritime security. These interconnected sectors are expected to drive long-term growth and increase the province’s competitiveness as an investment destination.
The initiative seeks to encourage responsible use of marine resources while fostering innovation and sustainable business opportunities. Through partnerships with government agencies, academic institutions, and private stakeholders, APECO aims to transform Aurora into a center for Blue Economy investments and coastal development.
The BESST Roadshow provided a venue for discussing how science, technology, and security can support sustainable economic activities in coastal communities, while promoting greater awareness of the Blue Economy’s role in national development.
As global interest in ocean-based industries continues to grow, APECO sees Aurora as well-positioned to capitalize on emerging opportunities and become a model for sustainable coastal development in the Philippines. (PIA-Aurora)