New ecozones to bring in P3.2 billion in investments - BusinessWorld Online

New ecozones to bring in P3.2 billion in investments - BusinessWorld Online

NEWLY APPROVED economic zones (ecozones) are expected to generate P3.2 billion in investments, according to the Philippine Economic Zone Authority (PEZA). PEZA Director-General Tereso O. Panga said in a statement on Wednesday that the economic zones, which have an estimated cost of P3.2 billion, are expected to facilitate growth and development in the countryside and attract new locators. “As a medium-term strategy under the Philippine Developme…

PEZA: PBBM Approves 4 Ecozones In First Half Of 2025

The Philippine Economic Zone Authority (PEZA) said President Ferdinand R. Marcos Jr. already approved four ecozones in the first half of the year. In a statement, PEZA said these include two expansions of a manufacturing zone in Batangas and two new Information Technology (IT) Parks in Tagbilaran City and Bacolod City. On May 21, Marcos issued Proclamation 910, designating 23.49 hectares of land located in Barangays Bagong Pook and Luta Sur, Mal…