Peza investment approvals up 37.8% to ₱45.5B in H1

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Peza investment approvals up 37.8% to ₱45.5B in H1 - Business Mirror

Quick Summary:

THE Philippine Economic Zone Authority (Peza) said it approved P45.48 billion in investments in the first half of 2024, up 37.82 percent from the P33 billion investments it approved in the six-month period last year.

These investment approvals, it noted, are expected to create more than 25,000 direct jobs, with projected export earnings at approximately $1.61 billion.

In a statement at the weekend, Peza said its P45.48-billion approvals pertain to 120 new and expansion projects from January to June 2024.