Providing an investor-friendly environment for a stronger PH

THE 2018 statistics reported by various media are impressive: P140.24 billion worth of investments; 1.5 million jobs created, a 7.33 percent increase compared to the number in 2017; U.S.$ 42.39 billion in export revenues or 6.58 percent higher; P25.56 billion investments in the Information Technology sector, a 32.2 percent higher.

The records affirm that the Philippine Economic Zone Authority (PEZA) has relentlessly implemented its programs even as it faces formidable challenges— decline in new investments as investors are wary over changes investment policy changes following this year’s national elections, or global downturn in business in the wake of the United States-China trade conflict.