Peza to hold regular talks with investors

·2 min read

THE Philippine Economic Zone Authority (Peza) launched the “Global Biz with Peza” to have a direct line with stakeholders in special economic zones and various industries.

The Global Biz with Peza is a monthly global investors’ forum where export investors, industry associations, foreign chambers, investment promotion partners or Ka-PIPPs, ecozone developers and operators, local government units, business people, professional cooperatives, national agencies, economists, and lawmakers meet to discuss business and investments in Peza’s economic zones.

“We recognize the big contribution of the export-oriented businesses in keeping the Philippine economy afloat during this time. The least we can do for these enterprises is to continuously support and give assistance as we carry on our efforts to bounce back from this crisis,” Peza Director Charito Plaza said in a statement.

According to Plaza, Peza is now adopting a “think global, act local” worldview with its 10-point program geared towards attaining its goal to fully industrialize the country and make it export and production-driven.

Glenn Everett, chairman of the Semiconductor and Electronics Industries in the Philippines Inc., lauded Peza for its assistance and reprieves that allowed companies to continue operating and answer to the global supply and demand.

“We appreciate the good open communication regarding the handling of this pandemic as well as the act to protect the health of our people and our businesses. By cooperating, we have ensured safe workplaces where millions of our employees continue to work and earn their living,” Everett said.

Information Technology and Business Process Association of the Philippines (IBPAP) president and chief executive officer Rey Untal likewise thanked Peza for its continuous support and assistance to the IT-BPO industry especially during this time of pandemic.

According to Untal, the IBPAP companies are now operating at almost pre-Covid levels, which is not something it could have achieved without Peza’s assistance.

“The issuances that Peza released early on in the pandemic really allowed us to execute immediately a working arrangement that allowed us to achieve the productivity levels we have today,” he noted.

The IBPAP president also expressed gratitude for Peza’s immediate approval of their request to extend the work-from-home concessions up to September next year, which is “very reflective of the (agency’s) very clear grasp of what we need and the industry moving forward.” (JOB with PR)