Slovakia firm to set up hospital within Cagayan ecozone

The Cagayan Economic Zone Authority said a Slovakia-based firm will set up a first-class hospital in the zone soon.
In a Friday statement, the investment promotion agency said it recently signed a memorandum of understanding with a firm named Commerce Slovakia Corp. which will develop the hospital.
CEZA said it was assured that the completion of the health facility “will be done in record time as opposed to the average of five to ten years to set up and build a traditional hospital.”
Quoting the firm, CEZA said the hospital would be operated “on the highest standards compliant with European and other world-class standards.” — Janina C. Lim