April 14, 2024


World Business Inquiries

Ecozone firms extend more than P110M to fight COVID-19

2 min read

Companies registered with the Philippine Economic Zone Authority (Peza) have made more than P110 million worth of donations, the investment promotion agency said in a statement.

A total of 137 companies have donated so far, either in cash or in kind such as medical supplies and food. These companies came from 45 economic zones nationwide, the investment promotion agency said.

Majority of the companies came from 20 ecozones in Region IV-A, Peza added.

As of April 27, bulk of the total donation was monetary, or more than P56 million.

Food accounted for the second biggest portion, amounting to donations worth around P39 million.

Meanwhile, personal protective equipment donations were worth P12.5 million, medical supplies (P2.08 million) and medical equipment (P304,080).

“As we continue to fight the effects of COVID-19 in our country, we sincerely thank our registered companies for their outpouring help and support to those in need,” said Peza Director General Charito Plaza.

The donations have been distributed to various hospitals and agencies, Peza said.

These included the Philippine General Hospital, the Research Institute for Tropical Medicine and the Philippine Red Cross Laguna.

Peza said donations were also made to local government units, to the poorest of the poor, senior citizens, solo parents, persons with disability, the Philippine National Police and volunteer-front line checkpoints, and not-for-profit organizations like the Project Pearls, SOS Children Village Alabang and Vice President Leni Robredo’s Angat Buhay.

Some donations were also given to various beneficiaries with the help of the Semiconductor and Electronics Industries in the Philippines Foundation Inc., North Luzon Tollways Corp., Philippine Science High School Batch ’76 and the Philippine Navy. INQ

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