Investment pledges registered by the Philippine Economic Zone Authority (PEZA) surged by 89.43 percent to P132.66 billion in January to July 2017 from P70.03 billion in the same period last year.

The investments involved 362 projects, PEZA Director General Charito Plaza said in a press conference on Tuesday, higher by 17.9 percent from the 308 projects registered a year ago.

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