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