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The Philippine Economic Zone Authority (PEZA) signed a Memorandum of Understanding (MOU) with LIMA Infrastructure, Inc., a subsidiary of Aboitiz InfraCapital Economic Estates , as its latest Investment Promotion Partner (IPP). PEZA Director General Tereso O. Panga and Aboitiz InfraCapital Economic Estates President Rafael Fernandez de Mesa led the ceremonial signing as witnessed by senior officials from both organizations marking a stronger and long-standing cooperation in economic zone development. The MOU formalizes a strategic partnership aimed at enhancing investor services, streamlining regulatory processes, and accelerating ecozone development in the Philippines through LIMA’s pioneering EaseBiz Program, a suite of value-added services designed to reduce administrative barriers and create a seamless investor experience.
As an IPP, LIMA Infrastructure will help PEZA attract new locators, host investment forums, and support market development, setting a model for future ecozone partnerships anchored in innovation and efficiency. “This MOU is more than a partnership, it is a bold step toward redefining how we attract and grow investments in the Philippines. By aligning PEZA’s regulatory strength with LIMA’s innovation-driven investor services, we are creating a dynamic, future-ready ecosystem that goes beyond compliance to deliver true business empowerment. Together, we are accelerating the transformation of our economic zones into global hubs of inclusive, sustainable, and resilient growth,” said Director General Panga. For his part, Aboitiz President Fernandez de Mesa stated, “Through the EaseBiz initiative, we address real challenges investors face, like regulatory delays and permit bottlenecks. It sends a clear message: The Philippines is not only open for business, but actively working to make doing business easier.” EaseBiz is set to simplify permitting, enhance locator support, and integrate national and local government efforts—initially in LIMA Estate and soon across MEZ2, West Cebu Estate, and TARI Estate. PEZA’s program on investment promotion partnership is designed to engage the private sector in enhancing ecozone investment promotion and facilitation, making the agency more agile and competitive in attracting particularly foreign investors into the country. The US International Trade Administration recently cited PEZA for its regulatory transparency, no red-tape policy, and one-stop shop services for investors. |
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