Duterte orders creation of Philippine Trade Facilitation Committee
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Robinsons Land unit files registration statement for REIT IPO
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Lapu to provide free Covid jabs to over 100K ecozone workers
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[B-SIDE Podcast] Pharma, agri, and defense: investing in the PhilippinesÂ
May 17, 2021 | 10:17 am
In this episode of B-Side, PEZA Director General Charito B. Plaza tellsÂ
BusinessWorld reporter Jenina P. Ibañez how the investment promotion agency is planning a comeback over the next few years.Â
TAKEAWAYSÂ
Idle land should be converted into ecozones.Â
Ms. Plaza said the country should accelerate rural progress by creating economic zones in the countryside. The agency partnered with the Union of Local Authorities of the Philippines to identify areas they could convert into ecozones.Â
âWe based it on the land potential and the resources of the plan. We donât have to destroy land â if itâs an agricultural land, we call it agro-industrial economic zone. If itâs a fishing ground, we have the aquamarine economic zone,â she said.Â