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BusinessWorld E-paper

October 17, 2022

THE PHILIPPINE Economic Zone Authority (PEZA) reported a 10% decline
in approved investment pledges in the third quarter amid global uncertainties.

In a statement on Sunday, the investment promotion agency said it approved 58 new
and expansion projects worth an estimated P17.142 billion during the July to September
period, 10.46% lower than the P19.145 billion worth of approved investments recorded in
the same quarter last year

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