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PEZA eyes local, foreign banks as key partners in ecozone development

Published March 2, 2021, 8:02 PM In a bid to enhance the country’s economic zones, the Philippine Economic Zone Authority (PEZA) has partnered with local and international banks for the purpose of establishing credit facilities. This was learned during PEZA’s “Global Biz,” its first monthly forum for this year. It was part of the agency’s 26th anniversary celebration last Feb.24. PEZA Director General Charito Plaza said the forum aims to achieve the agency’s worldview, “Thinking Global, Acting Local,” as outlined in its 10-point program, and to fully industrialize and enhance the efficiency and competitiveness of the Philippines as an “investment haven in Asia.”

PEZA begins partnerships with local and foreign banks for credit facilities for ecozone development, facilities, utilities, and supply chain

PEZA Director General Charito “Ching” Plaza. PASAY CITY, Mar. 2 Last Wednesday, the Philippine Economic Zone Authority (PEZA) had its first of its monthly-forum called “Global Biz” for 2021 as part of its PEZA’s 26th Anniversary held on 24 February 2021 at the PEZA Auditorium.  PEZA started the year 2021 with Global Biz that hosted its foreign and local banks such as the Bangko Sentral ng Pilipinas (BSP), Development Bank of the Philippines (DBP), Philippines National Bank (PNB). The said forum also included Japanese banks namely, the Sumitomo Mitsui Banking Corporation, Mizuho Bank, MUFG Bank, and the Singaporean financial institution, the Passion Venture Capital.  

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