THE PHILIPPINE Economic Zone Authority (PEZA) approved P54.19 billion in investment pledges in September, almost four times as much as the P14.04 billion okayed in the same month last year.
The investment promotion agency’s (IPA) board approved 16 new and expansion projects at a meeting on Sept. 23, it said in a statement on Sunday.
The pledges approved last week are expected to generate $541.04 million in exports and 4,044 new jobs, PEZA said.
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