Manila, Nov. 5 -- With the Philippine Economic Zone Authority (PEZA) surpassing its PHP300 billion investment approval target for 2026 as of October, its chief on Wednesday vowed to make these investments have a lasting impact on the economy.

PEZA Director General Tereso Panga, in his speech during the 60th anniversary of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the 40th CACCI Conference at a hotel in Paranaque City, said the agency approved PHP309.63 billion worth of investments as of last October.

This performance, he said, underscores the agency's potential as it currently oversees 441 operating economic zones and more than 4,400 registered businesses around the country.

"These figures affirm ...