EXCERPT

The Philippine Economic Zone Authority (PEZA) aims to attract investments in new technologies and high value products in the semiconductors and electronics industry to support the growth of the sector and enable the country to climb up the value chain.

PEZA deputy director general Tereso Panga said the investment promotion agency took part in a recent roundtable discussion with logistics firm DHL and the Semiconductor and Electronics Industries in the Philippines Foundation Inc. on re-imagining the semiconductor and electronics supply chain.

“PEZA will strive to bring in strategic, big-ticket, more sophisticated and higher-margin products and services such as smart and digital technologies, robotics and AI (artificial intelligence)-based solutions so that the country can move up the value chain,” he said.

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