Page 8 - பிலிப்பைன் பொருளாதார ஸோந் அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Philippine Economic Zone Authority (PEZA) plans to expand economic zones in Metro Manila once they receive clarification from the Office of the President and other government bodies on whether the development of economic zones is already allowed.  As mandated in Administrative Order 18 issued by President Rodrigo Duterte in 2019, PEZA was directed to stop accepting, processing, or evaluating applications for the creation of ecozones in Metro Manila. This was done in an effort to spur economic growth in provincial areas. However, the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act which was recently passed into law in April this year allows the development of certain eligible projects in Metro Manila. 

City of pasigMetro manilaPhilippines generalRamon lopezCharito plazaRodrigo duterteTax incentives for enterprisesPhilippine economic zone authorityNational capital regionAdministrative orderPresident rodrigo duterteCorporate recoveryTax incentivesTereso pangaDirector generalPolicy planning