Published May 26, 2021, 5:08 PM
The Philippine Economic Zone Authority (PEZA) has tapped American firms, the agency’s third last largest foreign investor by nationality, in the promotion of investment opportunities in the country’s various economic zones.
PEZA Director-General Charito B. Plaza advanced her push for deepened collaboration during her attendance at the virtual General Membership Meeting (GMM) spearheaded by the American Chamber (AmCham) of Commerce of the Philippines
PEZA Director General Charito “Ching” Plaza
Plaza seeks to further strengthen ties with international investors. The monthly AmCham GMM is one platform for discussion among key public and private stakeholders thereby expanding their networks and collaborate with a wide range of industry leaders.
BusinessWorld
May 25, 2021 | 12:04 am
LIMA central business district is LIMA Estate’s 30-hectare commercial area in Batangas. COMPANY HANDOUT
TOP DEVELOPERS have been moving out of Metro Manila and flocking to the Cavite-Laguna-Batangas corridor due to its readiness for industrial activity, according to real estate advisory firm PRIME Philippines.
Cavite, Laguna and Batangas have attracted projects, ranging from office spaces to industrial lots and warehouses, with commercial land as something to look out for in the future, said PRIME’s head of research Francis Mina, in a webinar on real estate market opportunities in the area.
“It’s now a lot easier to traverse north to south,” said Mr. Mina, speaking from his personal experience. “We’ve also seen cases of municipalities in the region being converted to cities because of high industrial and commercial activity brought about by ecozones.”
PEZA plans restructuring to expand regional presence bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
[B-SIDE Podcast] Pharma, agri, and defense: investing in the PhilippinesÂ
May 17, 2021 | 10:17 am
In this episode of B-Side, PEZA Director General Charito B. Plaza tellsÂ
BusinessWorld reporter Jenina P. Ibañez how the investment promotion agency is planning a comeback over the next few years.Â
TAKEAWAYSÂ
Idle land should be converted into ecozones.Â
Ms. Plaza said the country should accelerate rural progress by creating economic zones in the countryside. The agency partnered with the Union of Local Authorities of the Philippines to identify areas they could convert into ecozones.Â
âWe based it on the land potential and the resources of the plan. We donât have to destroy land â if itâs an agricultural land, we call it agro-industrial economic zone. If itâs a fishing ground, we have the aquamarine economic zone,â she said.Â
Q1 PEZA investment approvals rise 54% - BusinessWorld bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.