THE Philippine Economic Zone Authority (PEZA) is upbeat about hitting its P200-billion yearend investment target, especially with the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create More) bill recently approved by the Senate on third and final reading.

'I am optimistic that we will still meet the set target, given the recent pledges from China, as well as projects already in the pipeline but yet to be presented to the board,' PEZA Director General Tereso Panga said in a statement issued during the weekend.