TIEZA books P192-million investment commitments as of July

THE TOURISM Infrastructure and Enterprise Zone Authority (TIEZA) said it has secured P192.3 million worth of investments so far this year.

- By Justine Irish D. Tabile Reporter

"For 2025, we have secured P192 million. That is January to this date," TIEZA Chief Operating Officer Mark T. Lapid told BusinessWorld on the sidelines of the agency's Partners and Stakeholders Appreciation Night on Monday.

Compared to last year, Mr. Lapid said the TIEZA’s aggressive information drive has been key in attracting more investments.

"We have more this year because we are being aggressive on the information drive even with the market sounding and the missions that we do with different local stakeholders in different areas."

"If you look at it, we are still a new investment promotion agency. That's why we are very happy that there are more investors applying and trying to get accredited with us," he added.

Since 2021, TIEZA has secured investment commitments worth P225.7 billion, which are expected to generate 131,805 jobs.