The strategic collaboration aligns the strengths of the country’s largest bank and its leading investment promotion agency, combining financial expertise with business facilitation and infrastructure support for international firms seeking to establish or expand operations locally.
PEZA oversees more than 400 economic zones nationwide, serving a broad range of industries including manufacturing, information technology and business process management (IT-BPM), agro-industrial, and logistics. It offers investors a suite of advantages such as tax incentives, streamlined business processes, and world-class facilities.
With its vast network and international desks, BDO brings robust support for global businesses—from initial entry to long-term expansion. “This partnership underscores our aligned vision of positioning the Philippines as a premier investment destination,” said Charles M. Rodriguez, BDO executive vice president and head of institutional banking group.
Rodriguez added that the partnership also seeks to maximize the opportunities brought by the CREATE MORE Law and its newly signed Implementing Rules and Regulations (IRRs), which aim to enhance the country’s competitiveness in attracting investments.
Romeo R. Co Jr., BDO senior vice president and department head of financial institutions and international desks, reaffirmed the bank’s commitment to supporting foreign companies and fostering economic growth through a solid collaboration with PEZA.
BDO’s expansive reach—over 1,200 branches, including several within or near PEZA ecozones—ensures easy banking access for locators and their employees, enabling greater efficiency in their financial operations. —Ed: Corrie S. Narisma
