PEZA ramps up PH digital economy with new partnerships

PASAY CITY, PHILIPPINES — The Philippine Economic Zone Authority (PEZA) is strengthening the Philippine digital economy by inking alliances with several private companies and government agencies.
According to PEZA Director General Tereso Panga, the agency recently partnered with Astrolabe and Digital Pilipinas to improve the financial and economic services in the country.
At the same time, PEZA is working with the Department of Information and Communications Technology (DICT) to promote digitalization and help enhance the ease of doing business (EODB) in the Philippines.
Panga said they plan to unlock the country’s potential as an emerging economic powerhouse by focusing on areas of investment and supporting the Philippines as a priority investment destination.
“From within our domain and sphere of influence in PEZA, we want to put up our own industry excellence centers so we can put up and provide incubation facilities for start-ups to boost our competitiveness in the manufacturing and IT-BPO sectors,” he added.
The PEZA EODB initiative aligns with President Ferdinand Marcos, Jr.’s call to lift the difficulties in doing business in the country.
“As we look to the future, let us continue to collaborate and bring down the pain points that are barriers to entry of investments in the country and achieve our goal of a more inclusive and sustainable economy. Together, let’s make it happen in the Philippines,” concluded Panga.