The Philippine Economic Zone Authority (PEZA) has signed a memorandum of understanding (MOU) with LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, naming it as the newest Investment Promotion Partner (IPP). The partnership aims to enhance investor services, reduce red tape, and support economic zone development across the country.
Under the agreement signed on June 5, 2025, LIMA will deploy its EaseBiz Program, a suite of services designed to simplify permitting, boost locator support, and integrate national and local government processes. The initiative will first roll out at LIMA Estate and later expand to other Aboitiz-managed zones, including MEZ2, West Cebu Estate, and TARI Estate.
PEZA Director General Tereso Panga said the partnership goes beyond regulatory alignment and sets the stage for a “future-ready ecosystem” that delivers efficient and empowering services to investors. Aboitiz’s Rafael Fernandez de Mesa added that EaseBiz addresses long-standing regulatory bottlenecks and reinforces the message that the Philippines is actively making it easier to do business.
As an IPP, LIMA will also help attract new investors, host forums, and support market development — positioning itself as a model for modern, innovation-driven ecozone partnerships.
(Source: Philippine News Agency)
