The Philippine Economic Zone Authority (PEZA) secured PHP 30.156 billion in investments during its first Board Meeting for 2025, reflecting a staggering 1,263% increase compared to the PHP 2.212 billion approved in January last year.
“This is a bright and promising welcome for 2025. The strong growth in our investment performance for January underscores our commitment to meet our 2025 target of PHP 235-250 billion in investments. It is an encouraging sign that we are on the right path to success,” said PEZA Director General Tereso O. Panga following the January 23 meeting.
January 2025 Board Approvals
The approved investments include 12 new and expansion projects, projected to generate USD 32.177 million in exports and create 3,270 direct jobs.
These projects cover various sectors, including five export manufacturing ventures, four IT-BPM projects, and three domestic market initiatives. The developments are spread across Metro Manila, CALABARZON, Central Luzon, and Central Visayas.
Trade Secretary and PEZA Chair Ma. Cristina A. Roque highlighted the diversity of the projects, saying, “This is a testament to the versatility of the PEZA ecosystem, catering to both local and international markets. The approved projects will not only strengthen our export sector but also generate substantial local employment, further fostering inclusive growth.”
Surge in Foreign Investments
Key international markets, including the United Kingdom, China, the Netherlands, Australia, and Malaysia, contributed significantly to the investment surge. The United Kingdom emerged as PEZA’s top investor for January.
Two major ventures account for PHP 29.014 billion of the approved investments.
One of these is a domestic market enterprise investing nearly PHP 28 billion in a beverage production and distribution facility in Tarlac City.
Another significant project involves a PHP 1.2 billion investment in energy storage systems at the Mactan Economic Zone.
“This major domestic market project will play a crucial role in strengthening Tarlac’s manufacturing and commercial hub. It aligns with our commitment to expanding regional investment opportunities and supporting the country’s broader economic goals,” said Panga.
He added, “Our strategy to secure such large-scale investments is not just about driving growth in specific regions. It is about positioning the Philippines as a premier investment destination, making a lasting impact on the economy and providing benefits to communities nationwide.”
PEZA’s strong start sets a promising foundation for the year, as the agency remains focused on fostering economic growth and attracting strategic investments.
The agency targets a 9-10% increase in investments for 2025, alongside a 5% growth in export revenues and employment, aligned with the government’s economic goals and industry growth targets.
