THE Philippine Economic Zone Authority (PEZA) is upbeat about hitting its P200-billion yearend investment target, especially with the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create More) bill recently approved by the Senate on third and final reading.
THE Philippine Economic Zone Authority is upbeat about hitting its P200-billion yearend investment target, especially with the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy bill recently approved by the Senate on third and final reading.
The rising middle class and its changing lifestyle preferences will also drive demand, he added. 'The rebound of the electronics, semiconductor and EV sectors are good signs of their resiliency. We are banking on their investment expansions within the year.'The government's thrusts on research and development, clean and green production, and sustainable development will draw more investments in technology and infrastructure, he said.
Chief Optimistic Of Hitting P200-B Target
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