PEZA seeks for ecozone developments in NCR
The Philippine Economic Zone Authority (PEZA) will seek clarification from the Office of the President (OP) and other government agencies if the development of economic zones in Metro Manila is now allowed.
In a virtual briefing, PEZA Deputy Director General for Policy and Planning Tereso Panga said they need clarification as the recently-enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law now allows the operations and development of eligible projects in Metro Manila.
The Office of the President issued an Administrative Order (AO) 18 in 2019 that directs PEZA to stop accepting, processing or evaluating applications for the creation of ecozones in Metro Manila.
Related news
- BPO Office Stock To Dry Up In 2020 · 17 Jul 2019
- Philippines Rated World’s Third Best Country For Investment · 16 Jul 2019
- Open Access BPO Opens New Office, Upgrades Website · 16 Jul 2019
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
