ANGARA: TAX PERKS IN ECOZONES MUST STAY TO ATTRACT INVESTORS, CREATE MORE JOBS
Reelectionist Senator Sonny Angara said the government must continue to provide tax incentives to companies in special economic zones (SEZs) if it wants to attract and retain large-scale investments that will create more job opportunities for the host population.
“Aside from the quality of workforce in the country, local and foreign investors establish their businesses in our SEZs because they get to enjoy a slew of tax incentives that they could not find elsewhere,” Angara said.