May 11, 2023
PEZA investment approvals up by 107.15% in April
Pasay City – With strengthened investment promotion and facilitation efforts, the Philippine Economic Zone Authority (PEZA) has recorded an increase of 107.15% in investments for the January to April period.
“From January to April 2023, PEZA has approved a total of 60 new and expansion projects worth PhP 33.094 Billion investments, which is 107.15% higher as compared to the PhP 15.975 Billion approved investments on the same period in 2022,” reported PEZA Director General Tereso O. Panga.
For the same period, the projects are also expected to generate about US$ 1.012 billion exports and create 7,469 direct jobs.
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Source PEZA Website https://www.peza.gov.ph/press-releases
