The future of the Philippines and our Economic Zones (Ecozones) from different parts of the country is bright as the Philippine Economic Zone Authority (PEZA) recently partnered with the Mindanao Development Authority (MinDA) and signed a memorandum of understanding with ENECO. Both developments will introduce significant improvements to PEZA ecozones covered by these upcoming projects in the countryside despite the reported moratorium for ecozone applications in Metro Manila last month to focus efforts in promoting economic activity in the countryside.
Economic Zones
The Philippine Economic Zone Authority (PEZA) currently explores “new frontiers in ecozone development” to revolutionize the agency while inviting private companies to take part in these ecozone projects.