IT was a record-breaking year for the Department of Trade and Industry , with the Board of Investments and the Philippine Economic Zone Authority each announcing their highest-ever investment approvals and ecozone registrations.Trade Secretary Ma. Cristina Roque said their sterling performances in 2024 reaffirm the Philippines' position as a competitive investment destination in the region.
reached P214.17 billion in 2024, up nearly 22 percent from last year and the highest seen in seven years, demonstrating investor trust in ecozones as a hub for innovation and economic growth.'We remain committed to providing the best incentives and infrastructure to attract more high-value investments,' said
said.By country, South Korea emerged as
Investment Approvals Break Records In 2024
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