Investments registered with the Philippine Economic Zone Authority (PEZA) rose 8.5 percent in the first half of 2021 to P32.06 billion from P29.54 billion in the same period in 2020.
PEZA registered a total of 119 new and expansion projects for the period, 5 percent higher than the 113 registered a year ago. Of this number, 22 are in information technology, 20 in manufacturing, 12 facilities and 7 ecozone development.
Charito Plaza, PEZA director-general, said majority of the investments came from
Japan, South Korea, India, Hong Kong, China, Germany, Austria, France, Canada and the United States.
Region IV or Calabarzon is the top-performer with P10 billion.
Plaza said actual exports by PEZA locators between January and May went up 23 percent to $24.78 billion
Total employment as of May stood at 1.6 million.
For the month of June alone, Plaza said the PEZA board approved 62 new projects.
