PEZA keeping 2024 investment target of P200b

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The Philippine Economic Zone Authority (PEZA) is keeping its P200-billion investment target for 2024, despite a 6.4-percent decline in registrations to

The Philippine Economic Zone Authority is keeping its P200-billion investment target for 2024, despite a 6.4-percent decline in registrations to P123.756 billion in the first 10 months of 2024.- Advertisement -

Exports declined by 14.34 percent to $561.507 million from $643.32 million in 2023, while jobs generated dropped 13.1 percent to 4,862 from 5,500. The number of projects totaled 19, or 7.5 percent than 25 projects registered in October 2023. Another major project is a pharmaceutical zone in Tarlac province, with a project cost of P81.633 million.

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