The fruits of the travel tree are bountiful and this is clearly manifested in the number of foreign investors coming to the country, and the amount of dollars they bring. Know more:
THE fruits of the travel tree are bountiful and this is clearly manifested in the number of foreign investors coming to the country, and the amount of dollars they bring. Add the number of Filipinos they employ and the potential labor to be hired by the new and expanding business ventures located at our economic zones under the Philippine Economic Zone Authority , and you can say you have a bonanza.
This comes as DTI and PEZA concluded a strategic outbound mission to Japan on July 16-22, 2023, co-organized with the Aboitiz InfraCapital Economic Estates and the Philippine Trade & Investment Centers in Osaka and Tokyo.
Aside from the garnered investment pledges during the recent outbound mission, PEZA approved three big-ticket Japanese investments for this year, namely, Green Energy with Torrefaction Technology, Inc., Asian Transmission Corp., and Pricon Microelectronics Inc. Collectively, the three investments bring in a total of P20.6 billion, with a projected employment of 1,973 direct workers.
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