Peza eyes 13 new ecozones

The Philippine Economic Zone Authority (Peza) is expecting government approval for 13 more economic zones across the country, which is expected to bring in nearly P18 billion worth of investments.

Tereso Panga, Peza officer-in-charge and deputy director-general for policy and planning, said the investment promotion agency had this standing number of petitions as of October this year.

“Peza currently has 13 pending economic zones that we look forward to be proclaimed by the current administration. One is already endorsed to the Office of President Marcos, while 12 are endorsed to the Department of Trade and Industry,” Panga said.

The investment promotion agency said there were se…

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