THE PHILIPPINE Economic Zone Authority (PEZA) approved P22.78 billion in investment pledges in February, an increase of 130.5% from P9.89 billion worth of pledges approved a year ago.
At a meeting on Feb. 20, the PEZA Board approved 26 new and expansion projects that are expected to generate $241.79 million in exports and create 7,793 jobs.
Nine of the projects are in export manufacturing, while eight are information technology and business process management projects.
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