Peza approvals nearly tripled to P80.58B in H1

Indonesia Berita Berita

Peza approvals nearly tripled to P80.58B in H1
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The Peza approved P80.58 billion worth of investments from January to June, nearly three times more than what it recorded in the same period in 2022, marking a strong finish for the government investment promotion agency during the first half of the year.

Tallying all the approved investments since the Marcos administration began in July 2022, the Peza said it had generated P198.796 billion worth of investments from a total of 206 projects.

The Peza said the big-ticket projects—which have capital investments totaling P154.966 billion—are into economic zone development, export manufacturing and economic zone facilities.

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