By BERNIE CAHILES-MAGKILAT
MANILA, Philippines — Cumulative investments generated by the Philippine Economic Zone Authority (PEZA) for the past 17 years hit P2.030 trillion, about a fourth of which or P465 billion came in during the past 22 months.
PEZA Director General Lilia B. de Lima reported this at the 17th PEZA Anniversary and Investor's Recognition Night where President Benigno Aquino III was the keynote speaker.
De Lima further reported that its export-oriented locators in its 258 economic zones around the country employ 915,260 Filipinos, 46 percent of which were created during the past 22 months of the Aquino administration.
In terms of exports, the 2,700 PEZA locators were able to export $463 billion worth of merchandize. PEZA accounts for 87 percent of the country's total merchandize exports.
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