MEast investors to lease 1M hectares of PH agri land – PEZA

THE Philippine Economic Zone Authority (PEZA) anticipates investors from the Middle East would lease up to one million hectares in the Philippines for special economic zones as a result of the agency’s outreach efforts.

“PEZA is now exploring the Middle East market,” new PEZA Director General Charito Plaza said over the weekend. “I visited the royal families of Qatar and the UAE [United Arab of Emirates], and they are all interested in investing in the Philippines through the special economic zones program of PEZA.”