The Philippine Economic Zone Authority (PEZA) is committed to making itself a leader in financial technology, blockchain technology, AI-based solutions, and other BPO 2.0 innovation in order to improve the ease of doing business in its ecozones. Led by its Director General Tereso O. Panga, the organization has established collaborations with government agencies and private industry groups with the goal of further unlocking the country’s potential as an emerging economic powerhouse.

PEZA has joined forces with Astrolabe and Digital Pilipinas to train stakeholders and integrate financial technologies into the Philippine financial system platforms. Additionally, PEZA is working with the DICT to promote digitalization and uplevel office functions. The organization is also setting up its own Industry Excellence Centers to provide incubation spaces for startups, KIST Parks for research and development, and vocational training for the Filipino workforce for advanced manufacturing. These projects will supplement the government’s initiatives to bring frontier technologies into the country.

To make institutional improvements with regards to the ease of doing business, Executive Order No. 18 has been passed to provide more green lanes for investors and streamline PEZA’s procedures. With the execution of these policies, tremendous progress can be achieved to ensure an equitable and sustainable economy.



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