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The Philippine Economic Zone Authority (PEZA) signed an agreement with LIMA Infrastructure Inc. as its latest Investment Promotion Partner (IPP), according to a report by Philippine News Agency.
In a statement Tuesday, PEZA said the memorandum of understanding (MOU) was signed by PEZA Director General Tereso Panga and Aboitiz InfraCapital Economic Estates president Rafael Fernandez de Mesa on June 5.
LIMA is a subsidiary of Aboitiz InfraCapital Economic Estates.
The MOU formalizes a partnership to enhance investor services, streamline regulatory processes, and accelerate ecozone development in the Philippines through LIMA’s pioneering EaseBiz Program, a suite of value-added services designed to reduce administrative barriers and create a seamless investor experience.
As an IPP, LIMA Infrastructure will help PEZA attract new locators, host investment forums, and support market development, setting a model for future ecozone partnerships anchored in innovation and efficiency.
“This MOU is more than a partnership, it is a bold step toward redefining how we attract and grow investments in the Philippines. By aligning PEZA’s regulatory strength with LIMA’s innovation-driven investor services, we are creating a dynamic, future-ready ecosystem that goes beyond compliance to deliver true business empowerment," Panga said.
"Together, we are accelerating the transformation of our economic zones into global hubs of inclusive, sustainable, and resilient growth,” Panga added.
Aboitiz president Rafael Fernandez de Mesa said EaseBiz would help address regulatory delays and permit bottlenecks.
"It sends a clear message: The Philippines is not only open for business, but actively working to make doing business easier,” he said.
EaseBiz is set to simplify permitting, enhance locator support, and integrate national and local government efforts — initially in LIMA Estate and soon across MEZ2, West Cebu Estate, and TARI Estate.
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