Ecozone investments surge 72% in 8 months

Investments cleared by the Philippine Economic Zone Authority (PEZA) jumped by 72 percent to P105.83 billion from January to August compared to last year’s P61.69 billion amid continued efforts to encourage investors to set up operations in the country.

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The PEZA said it approved the registration of 179 projects in the eight-month period, up by 10 percent from 163 in the same period in 2024.

The approved projects from January to August are expected to create 40,638 direct jobs, a 28-percent increase from the same period last year.

These projects are also expected to generate $3.38 billion worth of exports, 71 percent higher than the previous year’s $1.97 billion.