PEZA promotes investment opportunities at UNIAPAC World Congress 

Vivian S. Santos, the Deputy Director General for Operations of the Philippine Economic Zone Authority (PEZA), was a featured speaker during the XXVIII UNIAPAC World Congress Business Networking Session, held at the Manila Marriott Hotel in Pasay City. This significant event was co-presented by UNIAPAC, the Brotherhood of Christian Businessmen and Professionals (BCBP), PEZA, and the European Chamber of Commerce of the Philippines (ECCP).

With an impressive turnout of 300 pre-registered delegates, DDG Santos took the opportunity to brief attendees on the myriad of investment opportunities available in the Philippines, particularly within PEZA's economic zones. She emphasized the country's strategic advantages, such as its young workforce, favorable investment climate, and the ongoing reforms designed to attract foreign direct investment.

"PEZA economic zones offer a competitive landscape for businesses looking to establish a presence in Southeast Asia," Santos remarked. "Our zones are tailored to support various industries, providing essential infrastructure and incentives to ensure smooth operations."

ECCP President Paolo Duarte echoed Santos' sentiments, stating, “The administration’s efforts are crucial in attracting investors, further enhancing the Philippines’ investment climate as the premier investment destination for European investors.” This sentiment underscores the collaborative effort between the government and private sector to create a conducive environment for investment.

As of now, there are a total of 202 PEZA-registered projects with equity from European Union countries. These projects have generated over %u20B1300 billion in investments, $12 billion in exports, and have created more than 416,000 direct jobs for Filipinos, demonstrating the significant impact of European investments in the Philippine economy.

The UNIAPAC World Congress provided a valuable platform for fostering business relationships and discussing potential collaborations. Santos’ presentation highlighted the Philippines' commitment to enhancing its investment ecosystem, aiming to attract even more foreign capital in the future.