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Bahrain steel products maker to invest P1.5B in Pampanga ecozone operation - BusinessWorld Online

Summary by bworldonline.com
THE Philippine Economic Zone Authority (PEZA) said it signed a registration agreement with Promet (Asia), Inc., its first such deal with a company from Bahrain, which plans to start a P1.5-billion facility in a Pampanga economic zone (ecozone). In a statement on Tuesday, PEZA said Promet’s operation will be built in TECO Industrial Park in Mabalacat, Pampanga. It will employ more than 150 in the manufacture of safes and steel furnishings. Citin…
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