Rise in pledged investments slows as of July, PEZA data show

Published by rudy Date posted on August 6, 2010

INVESTMENTS PLEDGED to the Philippine Economic Zone Authority (PEZA) reached P68.609 billion from January to July, up by 57.54% from year-ago levels, data released yesterday showed.

The growth is slower than the 58.8% rise seen in the first half of the year.

The agency will have to lure roughly twice as much of this seven-month tally in the remaining months to hit its yearend target of P206.67 billion.

PEZA officials could not be immediately reached for comment, but Public Relations Head Elmer C. San Pascual had earlier said the target — a 15% increase from 2009 levels — will be maintained as pledges usually surge later in the year.

The 296 projects that make up the amount as of July are projected to make $4.404 billion in export sales once they are operational, the data showed. This is nearly triple the forecast export sales of investment projects registered in the same period last year.

More than 55,000 jobs will be generated from the investments, a fifth more than the jobs expected from projects registered in January-July last year.

PEZA, along with other investment promotion agencies, have the task of luring P345.40 billion worth of pledges this year and a total P2.405 trillion by 2014, as targeted under the Philippine Investment Promotions Plan. — JADH

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.