PEZA Confident in Hitting PHP200 Billion Investment Target by 2024.
Manila: The Philippine Economic Zone Authority (PEZA) has expressed confidence in reaching its PHP200-billion investment target for 2024, as investment approvals have already reached PHP186.09 billion as of November 13. According to Philippines News Agency, PEZA reported that this figure has already surpassed the PHP175.71 billion in full-year 2023 investment approvals and represents a 32 percent increase from the PHP140.884 billion recorded in the same period last year. From January 1 to November 13, the PEZA Board approved 222 new and expansion projects, which are expected to generate more than USD3 billion in exports and create 60,000 direct jobs. Included