PEZA lauds inclusion of ecozone development in PDP 2023-2028

The Philippine Economic Zone Authority (PEZA) management is grateful that the economic zone development program has been included in the PDP 2023-2028.

“This solidifies the strategic role of economic zones in the country’s economic progress as mentioned in the 1st State of the Nation Address (SONA) of Pres. Bongbong Marcos,” said PEZA Officer-in-Charge Tereso O. Panga.

“As we welcome the new year, we in PEZA are preparing more initiatives and synergy with other government agencies to strengthen the country’s economic zones in line with the PDP of PBBM administration in the next five years. With the inclusion of the ecozone development program, we are positive that more ecozones will be approved and created especially in the countryside,” said Panga, who’s been at the forefront for the reinstatement of the ecozone program in the plan.

The PEZA interim chief noted, “We in PEZA have lobbied through NEDA to include economic zones in the PDP as for a time in the previous administration that it was forgotten or excluded. Strengthening our ecozone development initiatives is a must as this will serve as a catalyst for growth in the country.”

“Ecozones can be shields to soften the landing of the headwinds, the external constraints, and all these global disruptions happening especially during this time. The other side to this is that ecozones can be economic drivers to accelerate economic recovery and growth,” he explained.