Wednesday, March 29, 2023
Pasay City – The Philippine Economic Zone Authority (PEZA) on Wednesday, 29 March, has recorded a total of PhP 12.537 billion investments for the first quarter of the year, a 53.99% increase from the same period in 2022.
PEZA Director General Tereso O. Panga stated, “This surge in investments that gained more than 50% in increase as compared to January to March 2022 is an indication that we are on the right track in achieving our 10% target this year.”
This comes as the PEZA Board approved last March 24 about 12 new and expansion projects expected to bring in PhP 2.343 billion worth of investments for the month of March alone.
Read full original content at this link: https://www.peza.gov.ph/press-releases/peza-hits-5399-increase-approved-investments-q1-2023
