PEZA, LIMA partner to streamline investments

The Philippine Economic Zone Authority (PEZA) signed an agreement with LIMA Infrastructure Inc., an Aboitiz InfraCapital subsidiary, to enhance investor services and streamline regulatory processes.

Under the memorandum of understanding (MOU), PEZA and LIMA will work together through LIMA's EaseBiz Program to reduce administrative barriers and create a seamless investment experience in economic zones like Batangas and Mactan Economic Processing Zone 2.

PEZA Director General Tereso Panga highlighted that this collaboration is a bold step toward redefining how investments are attracted and grown in the Philippines, leveraging LIMA's innovation-driven investor services.

Aboitiz InfraCapital Economic Estates President Rafael Fernandez de Mesa emphasized that EaseBiz would help address regulatory delays and permit bottlenecks, making it easier for businesses to operate in the country.

LIMA will assist PEZA in attracting new investors, hosting investment forums, and supporting market development, setting a model for future ecozone partnerships.