The Philippine Economic Zone Authority (PEZA) Board has approved a total of 33 new projects in March 2021 – these are expected to bring about PHP 13.19 billion (USD 272 million) investments and generate 2,447 employment opportunities in host areas of the ecozones. The 33 projects cover the February to March 2021 applications to PEZA for approval by the Board.
Among the total 33 Board-approved projects, 29 will be located in Luzon while the remaining four will be located in Visayas and in Mindanao.
Of the 30 projects of registered business enterprises, 12 are for export projects, 11 are for IT projects, five are for facilities, one for logistics and one for utilities. Meanwhile, the three remaining projects are ecozone development projects.
(Source: Philippines Economic Zone Authority)