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PEZA upbeat on hitting 2024 investment target

THE Philippine Economic Zone Authority (PEZA) remains optimistic about achieving its 2024 investment target despite the drop recorded in the first semester.

PEZA Director General Tereso Panga said on Wednesday that the investment target of around P250 billion remained in sight as they anticipate more trade and investments in line with a recent trilateral agreement between the United States, Japan and the Philippines.

Tereso Panga (right), director general of the Philippine Economic Zone Authority. PHOTO BY J. GERARD SEGUIA