PEZA, or the Philippine Economic Zone Authority, is a government agency responsible for promoting and facilitating investments in economic zones across the Philippines. It offers various incentives to businesses, such as tax holidays and reduced duties on imports, to attract foreign and local investments. PEZA also aims to enhance the country's competitiveness by creating jobs and promoting industrial growth in designated areas. Overall, its focus is on fostering a conducive environment for business development and economic progress.
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