PEZA eyes more US investments in semiconductors, pharma, ITMANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is aiming to get more US firms engaged in aerospace, semiconductors, pharmaceuticals and information technology (IT) sectors to invest in the country’s ecozones. He said the PEZA would also want to see more American IT firms expanding operations in the country. Panga said the PEZA is ready to host more American investors in any of the 416 ecozones all over the country. The PEZA is aiming for a seven percent growth in ecozone investments this year from last year’s P95.03 billion. As of the first semester, investments approved by the PEZA amounted to P32.06 billion, up 8.5 percent from last year’s P29.54 billion.

Source: Philippine Star October 04, 2021 15:56 UTC