• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » PEZA ecozones Chinese investments hit P24B

PEZA ecozones Chinese investments hit P24B

The Chinese investments in economic zones approved by the Philippine Economic Zone Authority (PEZA) has reached PHP24.09 billion (approximately US$484 million).

In a statement, PEZA Director-General Charito Plaza said that the agency “aim to invite more investors to the country and replicate the multiplier effects our enterprises created by locating and even creating more ecozones in the country.”

Plaza added that these investments came from 172 Chinese locators employing 10,518 workers. These investors also exported more than USD196 million.

The ecozone authority is also encouraging Chinese investors to collaborate with Filipino businesses to register their projects inside PEZA ecozones.

The latest figures from the Department of Trade and Industry (DTI) shows that during the pandemic, investment pledges from China reached PHP10.8 billion (approximately US$217 million).

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image