PEZA project approvals up 107%

By Jenica Faye Garcia

May 12, 2023 12:28 am

THE Philippine Economic Zone Authority (PEZA) approved just over P33 billion in projects as of the end of April, more than double the nearly P16 billion recorded a year earlier.

'From January to April 2023, PEZA has approved a total of 60 new and expansion projects worth P33.094 billion ... which is 107.15 percent higher as compared to the P15.975 billion approved ... [in] the same period in 2022,' PEZA Director General Tereso Panga said in a statement on Thursday.

PEZA Director General Tereso Panga. Photo from Official Page of the Philippine Economic Zone Authority (PEZA)

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