PEZA approves PHP 2.21B in investments in January

The Philippine Economic Zone Authority (PEZA) board approved a total of PhP2.21 billion investments in January 2024.

The investments generated $69.62 million in exports and 1,337 direct jobs, from 12 new and expansion projects, including 7 ecozone export enterprises, 4 IT enterprises, and 1 facilities enterprise.

“We are proud to have closed more than PhP2 billion worth of investments in the first month for 2024, and confident to securing more investments which are already in PEZA’s pipeline and waiting for approval in the coming months, ” PEZA Director General Tereso O. Panga said.

These new and expansion projects will be located in Cavite Economic Zone (CEZ), Cavite Technopark – Special Economic Zone (SEZ), Laguna Technopark, Lima Technology Center – SEZ, Carmelray Industrial Park II – SEZ, Laguna Technopark Annex – SEZ, First Philippine Industrial Park, Giga Tower Bridgetowne IT Park in Quezon City, Southwoods Mall in Laguna City, Panorama Tower in Bonifacio Global City, and Jazz IT Center in Makati City.