Government Eyes More Public Economic Zones

The Philippine Economic Zone Authority plans to put up 36 additional public economic zones to create more sources of revenue. Specifically, it wants to put up two Peza-owned ecozones per region, eyeing possible joint ventures with developers to reduce the cost to be shouldered by agency. It plans to waive rental fees for 10 years to attract more investors to put up businesses in the ecozones. It is also developing a National Economic…

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