PEZA partners with Viventis

MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) has signed a memorandum of agreement (MOA) with human capital solutions provider Viventis Search Asia for an investment promotion partnership.

In a statement, the PEZA said the partnership aims to strengthen the workforce and human resource management, provide a high-quality of candidate pool and expand professional links in the economic zones.

Under the Ka-PIPPs (PEZA investment promotion partner) program of the signed MOA, Viventis will provide PEZA with relevant information and insights on the local and international workforce and skills supply demand, trends, and changes in critical industries,” the PEZA said.

The Ka-PIPPs program seeks to build partnerships with international and domestic business chambers and industries’ associations, NGOs and Socio-Civic groups to help market and promote PEZA economic zones and investment promotion programs worldwide.

Viventis executive director Yu Ming Chin described strong potential in the Philippine job market, which is an opportunity to attract more investors in the country.

“We are thrilled to partner with PEZA to move the country to a more strategic and valuable direction in creating programs focused on bringing career opportunities from investors coming in and advocating skills building,” Chin said.

PEZA director-general Tereso Panga said that the partnership with Viventis aims to continuously create more jobs, capacitate and enhance the expertise of PEZA employees, and become more accessible to Filipinos seeking employment within PEZA registered companies.

“Our country produces more than one million fresh graduates every year, and their high English proficiency language, fast learning curve, and versatility make the Philippines more attractive to investors to do business with. And so, it is crucial to hire and train the right people to meet the needs and demands of our stakeholders,” Panga said.

Under the partnership, both parties will collaborate on key projects and initiatives to elevate the country’s competitive edge regarding new business opportunities and talent supply.

Some strategic initiatives to anticipate include forums and expos on jobs, innovation, and livelihood, as well as programs that support skills training to help match industry demands, according to the PEZA.

It stressed that with Viventis’ expertise and insights on industry trends, it can establish a baseline to bridge the gap between market demand and skills supply.

At the same time, PEZA will assist Viventis in identifying viable areas for its production facilities to support industries willing to locate in PEZA ecozones and assist in linking up with support industries by entering into joint ventures and other investment arrangements for eligible projects,” the investment promotion agency said.

The MOA was signed by Panga and Chin on Oct. 19.