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PEZA hopes to secure ₱100 billion investment commitments for 2021

PEZA hopes to secure ₱100 billion investment commitments for 2021 enablePagination: false endIndex: Metro Manila (CNN Philippines, January 22) The Philippine Economic Zone Authority (PEZA) is optimistic that it can register over ₱100 billion new investment commitments this year, despite failing to hit its 2020 target. The focus of the agency this 2021 remains on enticing and keeping investors, as well as generating more jobs even with the global health crisis, and with the pending approval of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill. Best aggressive PEZA target is to attain three digits, more than a hundred billion against last year s P95 billion, director general Charito Plaza was quoted as saying in a statement on Friday.

PEZA to conduct aggressive Global Biz to attract investors and address efficiency factors rather than making projections – Plaza

PEZA eyes P100B in pledges this year

January 22, 2021 | 8:00 pm Font Size AAA The Philippine Economic Zone Authority (PEZA) seeks to get more than P100 billion in investment pledges this year, slightly higher than last year. “We don’t want to be promising high figures,” PEZA Director-General Charito B. Plaza said in an e-mailed statement on Friday. “Instead, we must work hard and build support and partnerships from public and private stakeholders to bring in new investors, keep existing investors and for them to expand, not transfer.” The agency said it would conduct monthly fora where export investors, industry associations, foreign chambers, investment promotion partners, economic zone developers and operators, local government units, businessmen, professional cooperatives, national agencies, economists and lawmakers can meet to discuss business and investment opportunities in PEZA ecozones.

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