Panga appointed to TRB as Bingcang takes over PEZA

Former Philippine Economic Zone Authority (PEZA) director general Tereso Panga has been appointed executive director of the Toll Regulatory Board (TRB) as former Bases Conversion and Development Authority (BCDA) president and chief executive Joshua Bingcang takes over PEZA.

Palace press officer Claire Castro, in a Malacañang briefing on November 13, said Bingcang’s mission as the new head of PEZA “is to bring more investors to our economic zones and make it faster and easier for them to set up, expand, and hire Filipino workers.”

She cited that Bingcang’s “experience helping develop New Clark City gives him a practical understanding of what investors need to establish and grow their businesses.”

For Panga, who has served as PEZA director general since 2023 and had been part of the agency since 1998, Castro said he will serve as TRB executive director “to keep our expressways fair and efficient for motorists.”

This story was originally published by PortCalls Asia. Read the full story at PortCalls Asia →