By Justine Irish D. Tabile, Reporter
THE PHILIPPINE Economic Zone Authority (PEZA) has so far approved P61.62 billion worth of investment pledges in the first eight months, representing only 30% of the agency’s target for the year.
PEZA Deputy Director-General for Operations Vivian S. Santos told reporters on Friday that the investment promotion agency (IPA) approved P6.9 billion worth of investment pledges during its board meeting on Aug. 27.
“[These comprise] 21 projects. Some are new registrations, while some are project expansions,” Ms. Santos said.
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