Ecozone investments nearly doubled to P140.69B in H1

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

MANILA, Philippines – Ecozone investment pledges surged to P140.69 billion in the first half, nearly doubling from a year earlier, as the Philippine Economic Zone Authority (Peza) pushes ahead with its P300-billion approval target for 2026.

Peza said the investment value came from 157 projects approved from January to June, up 94.42 percent from the P72.36 billion approved in the same period last year.

READ: Peza investment approvals surge to P15.4B in May

In turn, the approved projects are expected to generate 23,140 jobs and $3.37 billion in exports, the latter marking a 167.46-percent increase from a year earlier.