Halos P52-B investments, naitala ng PEZA sa unang dalawang buwan ng 2025

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Transcript

00:00It is expected that more Filipinos will be given jobs this year

00:05because the country remained on track in using the 9% to 10% investment growth.

00:12Here is the report.

00:16The Philippine Economic Zone Authority, or PESA, is on track

00:20in implementing its SHAM target of up to 10% of investments this year.

00:26They recorded more than P52 billion pesos

00:30following their board meeting in February 2020-25.

00:34According to PESA Director General Terezo Panga,

00:37this is the result of the agency's support to the main sectors

00:41such as new technologies and the pharmaceutical industry

00:45that are at the forefront in the regions and the country.

00:48The Trade Secretary and PESA Board Chairman Christina Roque

00:52noted the effect of the CREATE MORE Act,

00:54which is a game-changer in the rise of foreign investment

00:58because of the longer and more profitable incentives.

01:02From January to February 2025,

01:05PESA recorded more than 300% increase in approved investments

01:10because it used more than P50 billion pesos

01:14compared to more than P12 billion pesos at the same time in 2024.

01:19Because of this, almost 40 new projects and expansions were approved

01:25and more than 11,000 new direct jobs for Filipinos are expected to be created.

01:32A large portion of these investments came from domestic market enterprises.

01:37PESA also approved two large projects

01:40that can create more than P15 billion pesos in Tarlac and Batangas.

01:45This is in support of President Ferdinand R. Marcos Jr.

01:49who is promoting the country as an upper-middle-income economy.

01:53This includes an eco-zone development project

01:56from a South Korean company that will strengthen various sectors

02:01such as manufacturing, tourism, and information technology.

02:05More investments are also expected

02:09after the CREATE MORE Act implements the rules and regulations.

02:14According to Secretary Frederick Goh,

02:16Special Assistant to the President for Investment and Economic Affairs,

02:20the law aims to create more investments and create jobs for Filipinos.

02:27PESA also affirmed the continued implementation of its goal

02:31of strengthening the position of the Philippines

02:33as the primary destination of investments in the region.

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