PEZA highlights investment opportunities for US investors 

On October 24, 2024, Anidelle Joy M. Alguso, the Deputy Director General for Policy and Planning of the Philippine Economic Zone Authority (PEZA), was a key speaker at the Federation of Philippine American Chamber of Commerce’s (FPACC) Trade, Medical, and Humanitarian Mission. The event took place at the Bellevue Hotel in Alabang, attracting a diverse group of attendees interested in exploring business opportunities in the Philippines.

During her presentation, DDG Alguso outlined a range of investment opportunities specifically designed for American investors, emphasizing the Philippines' robust business climate. She pointed to the recently passed CREATE More bill, which aims to relax regulations and create a more business-friendly environment, as a significant catalyst for economic growth and investment.

"With the implementation of the CREATE More bill, we are committed to making the Philippines a more attractive destination for foreign investors," Alguso stated. "This legislation not only streamlines the investment process but also enhances the incentives available for businesses looking to establish operations in the country."

Alguso also underscored PEZA's focus on priority sectors such as pharmaceuticals, knowledge-driven innovation, and science and technology parks. These sectors are pivotal in driving regional development and fostering inclusive growth, particularly in rural areas. "By targeting these sectors, we aim to stimulate economic activity and create sustainable job opportunities in the countryside," she explained.

The event provided an excellent platform for American investors to gain insights into the Philippine market and explore potential partnerships. The engagement highlighted PEZA's proactive approach to attracting foreign direct investment, showcasing the Philippines as a prime destination for global businesses.