PEZA to open credit window for locators, developers

PEZA to open credit window for locators, developers

The Philippine Economic Zone Authority (PEZA) formed a partnership with the Bangko Sentral ng Pilipinas and foreign and local banks to set up credit facilities for company locators and ecozone developers to make the country an attractive investment destination.

PEZA Director General Charito B. Plaza said that this initiative would help the investment promotions agency attract more investors as it boosts efficiency in doing business in the country.

PEZA plans to hold a forum every month to market the investment opportunities in the ecozones. These investment pledges are expected to generate 5,601 job opportunities.

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