PASAY CITY -- The Philippine Economic Zone Authority (PEZA) has officially welcomed its newest Investment Promotions Partner (also called as “Ka-PIPPs”), actor and Philippine Coast Guard Auxiliary Commander Diether Ocampo, during their signing of the Memorandum of Understanding (MOU) on Wednesday 20 October at PEZA Head Office in Pasay City.

Now in partnership with PEZA, Diether Ocampo is set to promote foreign direct investment inflows to PEZA ecozones. Under the Ka-PIPPs Program, a part of PEZA’s Transformation Road Map (TRM) and Special Projects, Ocampo will provide business and leisure activities and tours in the Philippines to attract more investments into the country to promote PEZA ecozones worldwide.

According to PEZA Director General Charito “Ching” Plaza, “Amidst the pandemic, we must all continue to work together in attracting foreign enterprises to come and invest in the Philippines. Magtulungan po tayo to invite investors to locate or even create different types of economic zones especially in the countryside.”

The PEZA Chief also highlighted, “I am happy that our Ka-PIPPs family is growing and now with Mr. Diether Ocampo, we have more partners actively helping the national government’s efforts to [continuously] implement Administrative Order No. 18 and Executive Order No. 114.”

“These [said] laws aim to create a much inclusive growth for the country and provide equal opportunities to the Filipinos, geared towards achieving AmBisyon Natin 2040,” Plaza added. Newest PEZA Ka-PIPPs and Ambassador

As stated by PEZA’s newest Ka-PIPPs and Investment Promotions Ambassador, Ocampo said, “I am proud and honored to be PEZA’s partner in promoting your Agency and our
country’s vast economic potential.”

In promoting and attracting investments in the Philippines, Ocampo assured that “unitedly and as one of your investment promotions partners, we can bring PEZA to new heights, opening the gates of endless potentials, and embark on new frontiers of ecozone development.”

Further, Plaza said, “Our newest Ka-PIPPs partner will register its eligible ecozone projects with PEZA and encourage related industries in setting up production facilities in our economic zones.”

Ka-PIPPs new partner Diether Ocampo has also invited his circle of diplomatic friends who were present during the MOU signing event including: H.E Shobin Gunasekera, Ambassador of the Democratic Socialist Republic of Sri Lanka to the Philippines; H.E Songkane Luangmuninthone, Ambassador of Lao People’s Democratic Republic to the Philippines; Vietnamese Ambassador to the Philippines, H.E Hoang Huy Chung; US Economic Officer
John Averett; and Trade and Commercial Attaché Embassy of Japan to the Philippines Yasuhiro Chino among others.

Support to DOLLAR Program Performing the role of promotions and goodwill ambassador in helping PEZA boost its economic zones locally and worldwide, Ka-PIPPs partner Diether Ocampo has also shown his support to PEZA Development Outreach for Labor, Livelihood, and Advancement of Resources Program also known as the DOLLAR Program.

Ocampo expressed that, “Through PEZA’s DOLLAR Program with sub-projects and activities posing on critical areas of training, skills development, and jobs matching, PEZA is working
hard to make sure that our special economic zones are world-class, environment-friendly, and most importantly, setting the stage of the Philippines as a power-house and a priority investment destination.”

To date, PEZA has recorded a total of 60,164 projected available employment in the economic zones amidst the pandemic.

PEZA will guide IPP Diether Ocampo with the regulatory requirements in doing business in the Philippines which will enable him to optimize business opportunities with PEZA ecozones as a potential ASEAN regional production and distribution hub for manufactured products. (PEZA)