PEZA welcomes 27-member delegation from South China – BusinessWorld Online
THE Philippine Economic Zone Authority (PEZA) said it recently welcomed a 27-member delegation from the southern Chinese cities of Dongguan and Guangzhou, which visited its economic zones (ecozones).
In a statement on Wednesday, PEZA said the delegation comprises Dongguan government officials and executives from the manufacturing, real estate, electronics, and logistics sectors in the region. Dongguan and Guangzhou are neighboring cities in the Pearl River Delta.
“During the meeting, PEZA Deputy Director General for Operations Vivian S. Santos presented the broad range of investment opportunities available in PEZA ecozones,” PEZA said.
“She highlighted the advantages of investing in PEZA, including its emerging priority industries that aim to accelerate ecozone development across the Philippines,” it added.
PEZA has an active memorandum of understanding with the China Chamber of International Commerce.
The visit also builds on PEZA’s investment mission to China in March, where it engaged in talks with biotechnology company Aoxing Group.
According to PEZA, many of the group’s member companies are now exploring manufacturing opportunities in Southeast Asia. — Justine Irish D. Tabile