Philippine Economic Zone Authority

📰 𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | The Philippine Economic Zone Authority (PEZA) and the Department of Labor and Employment (DOLE) signed a data sharing agreement (DSA) to optimize the issuance of Alien Employment Permits (AEP) for foreign nationals and fostering job creation for Filipinos. https://lnkd.in/gwq866_x

📰 𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | “We are very supportive of the plan how (for integrating) more SMEs into the value chain. To do that, we need to promote the creation of more economic zones in the countryside,” Mr. Panga told reporters on Friday. “(Ecozones) go hand in hand with SME development, including countryside development,” he added. https://lnkd.in/guFG7c3f

📰 𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | There are plans to open 30 new ecozones in 2025, mostly in the Cavite, Laguna, Batangas, Rizal and Quezon (Calabarzon) region, as well as in the Visayas and Mindanao, Philippine Economic Zone Authority (PEZA) Director General Tereso Panga said. https://lnkd.in/gweKcAxR

✒️𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄 | 𝐏𝐄𝐙𝐀, 𝐃𝐎𝐋𝐄 𝐬𝐞𝐚𝐥 𝐃𝐚𝐭𝐚 𝐒𝐡𝐚𝐫𝐢𝐧𝐠 𝐀𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞 𝐏𝐄𝐙𝐀 𝐕𝐢𝐬𝐚 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 23 December 2024 (Monday) - Pasay City – In a move to streamline business procedures and enhance ease of doing business, the Philippine Economic Zone Authority (PEZA) and the Department of Labor and Employment (DOLE) signed a Data Sharing Agreement (DSA) to optimize the issuance of Alien Employment Permits (AEP) for foreign nationals and foster job creation for Filipinos. On December 16, PEZA Director General Tereso O. Panga and DOLE Secretary Bienvenido E. Laguesma sealed the agreement to further streamline and enhance the implementation of the PEZA Visa application and processing. More importantly, the landmark agreement marks the beginning of more collaboration between PEZA and DOLE on relevant aspects of ecozone management and ease of doing business initiatives. Read full article here: https://lnkd.in/gxwTy7Xd #PEZA #DOLE #PEZAVisa #PEZAPressRelease

📰 𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | The Philippine Economic Zone Authority (PEZA) aims to establish more economic zones next year, with the investment promotion agency looking at new growth areas such as Central Luzon, Cebu and Mindanao. “Ideally, we are looking at 30 economic zones that can be proclaimed by the office of the president,” Peza Director General Tereso Panga told reporters during a press briefing in Makati last week. https://lnkd.in/gmYFDTb5

✒️ 𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄 | 𝐏𝐄𝐙𝐀 𝐁𝐫𝐞𝐚𝐤𝐬 𝐀𝐧𝐧𝐮𝐚𝐥 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐓𝐚𝐫𝐠𝐞𝐭𝐬 𝟑 𝐲𝐞𝐚𝐫𝐬 𝐢𝐧 𝐚 𝐫𝐨𝐰 20 December 2024 (Friday) - Pasay City – With the country making its way to becoming one of the top investment destinations in the region, the Philippine Economic Zone Authority (PEZA) announced a strong ecozone investment performance for 2024, with approved investments reaching PhP 214.176 billion—a 21.89% increase compared to PhP 175.709 billion last year. Following the December 17 Board Meeting at the Manila Hotel, PEZA Director General Tereso O. Panga emphasized the importance of partnerships and strategic ecozone initiatives in achieving this milestone. “Our success demonstrates investors' trust in PEZA as a hub for innovation and economic growth. We remain committed to providing the best incentives and infrastructure to attract more high-value investments,” PEZA Chief Panga said. Read full article here: https://lnkd.in/gjU3ibep

📰𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | The Department of Labor and Employment (DoLE) and the Philippine Economic Zone Authority (PEZA) signed a partnership to streamline the processing of work permits for foreign nationals employed in economic zones. The collaboration runs in parallel with the government’s broader green-lane initiative, under which permits for critical projects are expedited, the DoLE said in a statement Thursday. https://lnkd.in/gD7hEVFj

📣 𝗔𝗡𝗡𝗢𝗨𝗡𝗖𝗘𝗠𝗘𝗡𝗧 | As we celebrate the Christmas and New Year holidays, please be guided on our schedule for the coming weeks. Our valued clients may continue to transact with us online for urgent concerns. Normal operations will resume on Friday, 03 January 2025. Thank you very much and happy holidays! 🎄

📰𝐑𝐄𝐀𝐃 𝐍𝐎𝐖! | This city is an example of how economic zones (ecozones) drive local economic growth, solidifying its place among the wealthiest local government units (LGUs) in the country, according to the Philippine Economic Zone Authority (PEZA). As a host to several economic zones under PEZA, Iloilo City shows the transformative power of ecozones in fostering development, creating jobs, and boosting revenues, said PEZA director General Tereso Panga. https://lnkd.in/gU-T22tw

🔎 𝐋𝐎𝐎𝐊! | On 19 December 2024, Philippine Economic Zone Authority (PEZA) Director General Tereso O. Panga welcomed new Manila Economic and Cultural Office (MECO) Board of Director Mr. Wilson Tecson at the PEZA Head Office to discuss partnerships on trade and investment promotion. In his capacity as a Board Director handling trade and investments, Tecson assured PEZA of the support of the MECO Board, headed by Chairman Cheloy Garafil, in its initiatives towards attracting more Taiwanese investments in the country. DG Panga expressed, "PEZA shall fortify its partnership with MECO in conducting various investment missions geared towards increasing Taiwanese investments to the country." As of Aug 2024, PEZA hosts a total of 82 projects with Taiwanese equity bringing in more than PhP 17 Billion of investments and creating above 20,000 jobs. #PEZA #MECO #InvestInThePhilippines