The Market Monitor Minding the Nation's Business
The Philippine Economic Zone Authority (PEZA) has partnered with LIMA Infrastructure Inc. to enhance investor services and fast-track ecozone development, formalizing the collaboration through a memorandum of understanding (MOU) signed recently.
PEZA Director General Tereso Panga and Aboitiz InfraCapital Economic Estates President Rafael Fernandez de Mesa led the signing, marking LIMA’s designation as the latest Investment Promotion Partner (IPP). LIMA is a unit of Aboitiz InfraCapital Economic Estates.
Under the agreement, LIMA Infrastructure will play a key role in attracting investors, organizing investment forums, and expanding market engagement. A major component of the partnership is the rollout of LIMA’s EaseBiz Program, which aims to remove administrative hurdles and improve the overall investor experience.
EaseBiz is designed to simplify permitting processes, strengthen locator support, and align national and local government efforts — initially within the LIMA Estate and eventually across MEZ2, West Cebu Estate, and TARI Estate.
“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,” Panga said.
“Together, we are accelerating the transformation of our economic zones into global hubs of inclusive, sustainable, and resilient growth,” he added.
Fernandez de Mesa underscored the value of EaseBiz in addressing long-standing issues such as permit backlogs and red tape.
“It sends a clear message: The Philippines is not only open for business, but actively working to make doing business easier,” he said.