00:00The Philippine Economic Zone Authority or PESA reported 186.098 billion pesos worth of investments for the year
00:09exceeding the 175.71 billion peso investment approvals last year.
00:14From January to November 13, the PESA board approved 222 new and expansion projects.
00:21These are expected to generate over 3 billion dollars in exports
00:25and create 60,000 direct jobs showing strong performance compared to the same period in 2023.
00:32Director General Tereso Panga highlighted the board's approval of 62.341 billion pesos
00:39in investments in November brings PESA closer to its goal of driving growth and innovation
00:45through local and foreign investments in the ecozone sector.
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