PEZA OKs P13bn worth of ecozone investments for March
The Philippine Economic Zone Authority (PEZA) has approved 33 new projects this March, which is expected to rake in over P13 billion worth of investments for the economy and 2,447 job opportunities for Filipino workers.
In a statement, the investment promotions agency noted that 29 of the projects will be located in Luzon, and the remaining four will be scattered across Visayas and Mindanao.
Further, 30 of the projects are involved in the export, information technology sector, and logistics and utilities sectors. The other three projects are for ecozone development.
“We thank our locator companies for continuously trusting PEZA and for believing the potentials that the Philippines have despite the onslaught of this current pandemic crisis,” said PEZA, which aims to approve P100 billion worth of investments this 2021.
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