An Act Establishing The Special Economic Defense Economic Zone (SpeDEZ) Inside The Government Arsenal Defense Industrial Estate Located In Camp Gen. Antonio Luna, Lamao, Municipality Of Limay, Province Of Bataan, Creating For This Purpose The Special Defense Economic Zone Authority (SpeDEZA) And Appropriating Funds Therefor

• The objective of this measure is to enhance investment opportunities inside the economic zone, while strengthening the country’s defense capabilities. 
• This Bill1 creates a special economic zone which shall cover the 370 hectares of government arsenal industrial estate inside Camp General Antonio Luna in Limay, Bataan and all other areas which may be declared as part of SpeDEZ in compliance with the Act, including the Government Arsenal (GA), for investments in defense, military, law enforcement, and defense-related advanced technologies, information and communications technology, research and development and their support industries. 
• The SpeDEZ shall be accessible for inclusive business prospects and progress in firearm module and technical competency of the Government Arsenal that are vital to support the objectives of the Armed Forces of the Philippines (AFP), Philippine National Police (PNP) and other law-enforcement agencies.
• If passed into law, this bill would grant fiscal incentives, including the grant of an investor’s visa to any foreigner who invests US$200,000 either in cash and/or equipment in a registered enterprise.

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