The Daily Tribune
Mizuho Bank named new PEZA investment partner
The Philippine Economic Zone Authority (PEZA) has officially partnered with Tokyo-based Mizuho Bank to boost investments in the country's economic zones and strengthen the foreign direct investment (FDI) pipeline.
PEZA Director General Tereso Panga and Mizuho Bank President and CEO Masahiko Kato signed a memorandum of understanding (MOU) solidifying the collaboration.
This renewed partnership, which builds on a 2012 agreement, aims to attract high-quality investments and create more jobs for Filipinos.
The collaboration will now focus on facilitating FDI not only from Japan but also from other Asian economies.
Currently, approximately 300,000 Filipinos are employed by Japanese companies operating within PEZA-registered zones.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.