00:00The investments approved by the Philippine Economic Zone Authority or
00:03PESA tripled in the first quarter of 2025. In data released earlier today,
00:07PESA's investment approvals reached 58.94 billion pesos in the first three months of the year.
00:14This is 294.26 percent increase compared to the 14.95 billion pesos
00:20recorded during the same period in 2024. The approved investments cover 66 new and
00:25expansion projects with the majority concentrated in the manufacturing and IT BPM sectors.
00:31These projects are expected to create around 16,000 jobs for Filipinos
00:36and generate 497.46 million dollars in projected exports. Most of the approved
00:43investments are located in Region 4, Metro Manila, Region 3 and Region 7.
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