THE PHILIPPINE Economic Zone Authority (PEZA) saw a surge in investment pledges to P30.156 billion in January, putting it on track to boost investments by as much as 10% this year.
In a statement on Monday, PEZA said its board approved P30.156 billion worth of investment pledges at its Jan. 23 meeting, 1,263% higher than the P2.212 billion worth of pledges approved in the same month last year.
The PEZA Board approved 12 new and expansion projects, of which include two big-ticket projects worth a combined P29.014 billion.
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