Phividec Industrial Estate

The managing entity of PIE-MO, the Philippine Veterans Investment Development Corporation Industrial Authority (Phividec-IA or PHIVIDEC) was established on August 13, 1974 through Presidential Decree No. 538 issued by President Ferdinand Marcos. The Phividec Industrial Estate is the first ever "Phividec Industrial Area" created under said decree. On April 11, 2008, President Gloria Macapagal Arroyo issued Proclamation No. 1495, creating and designating of the PIEMO as a special economic zone under PEZA. Arroyo on June 29, 2010 issued Proclamation No. 2106 which converted the whole estate as a special economic zone. ==Scope==

The Phividec Industrial Estate covers an area of . ==Economy==

Phividec is partnered with the Philippine Economic Zone Authority (PEZA). Locators within the PIEMO benfits from tax incentives under the CREATE Law. The estate is the site for processing plants of agricultural produce in Northern Mindanao such as corn and pineapple from Bukidnon and Misamis Oriental. A seaport mainly used by the Mindanao Container Terminal, a subsidiary of International Container Terminal Services is also located within the estate. ==References==