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The Philippine Economic Zone Authority welcomed Halcyon Tool Services as a new Ecozone Logistics Services Enterprise at the Laguna Technopark
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The registration agreement was signed on February 9
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Halcyon will invest P12 million and is expected to generate 15 local jobs
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PEZA director general Tereso Panga highlighted the importance of micro, small and medium enterprises such as Halcyon in building a robust industrial ecosystem
The Philippine Economic Zone Authority (PEZA) welcomed Halcyon Tool Services Inc. as a new Ecozone Logistics Services Enterprise (ELSE) following the signing of a Registration Agreement on February 9.
Halcyon will operate at the Laguna Technopark–Special Economic Zone, providing logistics and supply chain services covering warehousing and transportation support, PEZA announced.
The company’s P12 million investment is expected to generate 15 local jobs.
ELSEs are PEZA-registered entities that supply raw materials, equipment, and logistics support (warehousing, inventory management) exclusively to export manufacturing companies within Philippine ecozones.
Formerly known as Ecozone Facilities Enterprises, they are recognized as “export enterprises” under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, making them eligible for VAT-zero rating on local purchases and other incentives.
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The agreement was signed by PEZA director general Tereso Panga and Halcyon Tool Services Inc. president Hamilcar Azarias, witnessed by PEZA deputy director general for operations Vivian Santos and Halcyon general manager Ronald Emmanuel Melad.
Highlighting the importance of micro, small and medium enterprises (MSMEs) in building a robust industrial ecosystem, Panga said, “PEZA is not only home to large multinational firms — we are equally committed to empowering micro, small, and medium enterprises. MSMEs like Halcyon play a critical role in strengthening supply chains, supporting exporters, and deepening industry linkages within our economic zones.”
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He said increasing MSME integration in PEZA ecozones boosts industry resilience and competitiveness. He emphasized that logistics and support enterprises play a crucial role in enabling efficient trade, manufacturing, and export development.—Michael Barcas
