A South Korean blockchain and financial technology company has committed to pursue real estate, tourism, and recreation-oriented projects in the Freeport Area of Bataan, the Authority of the Freeport Area of Bataan announced on Wednesday, July 1, as reported by Philstar Biz.
The firm, whose name has not been disclosed, plans to develop projects that leverage blockchain technology for tourism and recreation within the freeport zone. The Authority noted that the initiative aligns with the freeport's strategy to attract high-tech and sustainable investments.
This development highlights the growing interest of foreign blockchain companies in Philippine economic zones, particularly in mixed-use developments that integrate digital finance and tourism. The Freeport Area of Bataan continues to position itself as a hub for innovative and eco-friendly projects.