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PEZA Investment Pledges Reach PhP101B at End-May

Investment pledges to the Philippine Economic Zone Authority (PEZA) rose by over a third in the first five months of the year as more manufacturing companies established operations within the country’s export zones.

Data released on Wednesday showed that Peza-approved projects reached PhP101.476 billion at end-May, up 37.12 percent from PhP74.005 billion in the same five-month period last year.

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Source: Philippine Daily Inquirer

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