PEZA investment approvals surge to P124.84B in Jan-May

INVESTMENT pledges approved by the Philippine Economic Zone Authority (PEZA) from January to May surged by 88 percent to P124.84 billion from P66.34 billion a year earlier. The commitments covering 135 new and expansion projects were projected to generate $2.97 billion in exports — nearly three times the $1.092 ___ seen in the same period last year — and generate 20,012 jobs. "Our robust investment growth and the near tripling of projected exports demonstrate that investors continue