De Lima quits Peza

Philippine Economic Zone Authority director general Lilia De Lima announced Wednesday her resignation as head of the agency.

De Lima headed the agency for 21 years starting from the administration of former president Fidel Ramos.

She said she would go back to private life and enjoy her time leisurely as a painter and lover of the arts and nature.

She said Peza after 21 years had reached maturity as a government agency and would pursue its tasks to attract investments and create jobs for the Filipino people.

The agency is one of the top revenue generating offices in the country.

Peza guided companies where to put their investments and how to manage operations.

Under her management, de Lima made popular the slogan “no red tape, only red carpet.”