00:00The Philippine Economic Zone Authority or PESA started the second half of the year with an
00:04approved investment doubling by the end of July. According to PESA, 90.96 billion pesos worth of
00:11investments have been approved from January to June which is double the 45.48 billion pesos
00:17of approved investment during the same period last year. These investments will cover 150 new
00:23expansion projects. Most of the projects will be launched in Calabarzon which is home to several
00:29economic zones. These projects will generate almost 36,000 jobs and around 2 billion US dollars
00:36projected export revenues.
