The Philippine Economic Zone Authority (PEZA) said it has set an “aspirational” target of one to three new economic zone launches each year. READ:
THE Philippine Economic Zone Authority said it has set an “aspirational” target of one to three new economic zone launches each year.
According to Ms. Santos, there are 29 ecozones approved by the PEZA Board that are awaiting the Presidential proclamation. “The largest investment among these projects is a mixed-used special economic zone for manufacturing and tourism to be located in Pangasinan, with a project cost of about P81.648 billion,” PEZA said in an earlier statement.
“This is just the first month of the year. We are confident that we will be able to reach our 10% increase of investment compared to that P140 billion worth of investment recorded last year,” Ms. Santos said.
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