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PEZA OKs Cirtek e-motorcycle plans

THE Philippine Economic Zone Authority (PEZA) has approved the application of a Cirtek Holdings Philippines Corp. unit to assemble two- and three-wheel electric motorcycles at the Laguna Technopark in Biñan City, Laguna.

Cirtek Advanced Technologies and Solutions Inc.-Philippine Branch application to manufacture and/or assemble electric motorcycles and lithium-ion battery packs was approved by the PEZA Board last Dec. 19, 2023, and the certificate was received on Thursday, January 4.