THE Philippine Economic Zone Authority (Peza) said it has surpassed its P200-billion full-year target of investment pledges as it has just greenlit a “record-breaking” P201.55 billion in investments from January to November 2024. The investment promotion agency said this is 43.06 percent higher than the P140.
THE Philippine Economic Zone Authority said it has surpassed its P200-billion full-year target of investment pledges as it has just greenlit a “record-breaking” P201.55 billion in investments from January to November 2024.
According to Peza, these projects are expected to generate over $3.9 billion in export earnings and provide direct jobs to over 70,000 Filipinos. Peza said 19 of these projects will be located in Region IV-A ; 7 will be in the National Capital Region ; 4 in Region III or Central Luzon; 8 in Region VII or Central Visayas; 2 will be located in Region X or Northern Mindanao and 1 in Region V or Bicol region.
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