PEZA aims 5-10% investment growth in 2020 0 SHARES Share it! “We’re expecting a 5-10 percent growth this year, but it could be higher if an investor-friendly CITIRA is passed,” said PEZA Director General Charito B. Plaza, who divulged that there are still pending applications for expansion projects of existing locators. “There are also many pending applications for expansions of existing locators and new investments which are waiting for the kind of CITIRA that will be passed. That’s why we’re praying for the wisdom of the Senators and the bicameral committee who will decide of the kind of a CITIRA law,” she stressed. Plaza also revealed that a 60-man American business mission will visit PEZA next month, February, to explore investments in the country’s agro industrial economic zones.

Source: Manila Bulletin January 20, 2020 02:38 UTC