PEZA exports rise 54% in January

Posted at 03/04/2010 4:38 PM | Updated as of 03/04/2010 4:39 PM

MANILA, Philippines - Exports from economic zones administered by the Philippine Economic Zone Authority (PEZA) rose 54% to $3.13 billion in January from $2.03 billion in the same month last year.

In a report, PEZA director-general Lilia de Lima said bulk or $2.18 billion of the export bill were from locators in the privately-owned ecozones. This was an increase of 57% from last year's $1.39 billion.

Exports from public zones, including Baguio, Cavite, Mactan and Bataan, rose nearly 60% to $652.22 million in January from $408.28 million in the same month in 2009.

Locators in information technology (IT) parks, meanwhile, generated export earnings of $297.16 million, up 26.79% from last year's $234.37 million.

Employment at PEZA ecozones also went up 11% to 637,759 from 572.836.

About half or 301,014 of the workers were employed by private ecozones while public zones had 124,175 workers. IT locators accounted for the remaining workers.


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1 comment

It's good to know that our

It's good to know that our exports increased but it is still not back on track. We need to export more to gain more money for our country.

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