-
The Philippine Economic Zone Authority announced its support for the 2026 Strategic Investments Priorities Plan, shifting focus from investment volume to high technology and sustainable industries
-
PEZA had already begun targeting, including semiconductors, electric vehicles, and renewable energy
-
To address long-standing infrastructure bottlenecks and meet the technical needs of high-tech industries, PEZA is converting its economic zones into hubs that combine manufacturing spaces with dedicated logistics, digital networks, localized energy, and worker training facilities
-
The investment promotion agency is expanding its digital programs and inter-agency partnerships to streamline investor operations, aiming to protect the country’s position in regional value chains amid tightening global competition
The Philippine Economic Zone Authority (PEZA) announced Wednesday its alignment with the newly approved 2026 Strategic Investments Priorities Plan (SIPP), shifting its promotional focus from investment volume to high-technology, sustainable industries.
The updated SIPP, released on June 3, serves as the country’s primary framework for investment incentives.
READ: PH 2026 investment priority plan covers logistics, shipbuilding
“The 2026 SIPP is a significant upgrade from the previous plan as it now encourages more Industry 4.0 investments and supports smart and sustainable technologies and activities to enter the Philippines,” PEZA director general Tereso Panga said in a statement.
“This trend allows us to also cope with the global industry trends and recalibrate our approach from focusing on the volume of investments to prioritizing the quality, resilience, and long-term value of investments entering the country,” he added.
PEZA, he noted, had already begun targeting future-ready sectors prior to the plan’s formal approval. These sectors include advanced electronics, semiconductors, electric vehicle supply chains, pharmaceuticals, logistics, and renewable energy.
READ: PEZA approves P46.5B in Q1 2026 investments, notes pivot to high-value activities
To accommodate the advanced technical requirements of these target industries, PEZA is restructuring its economic zones into integrated ecosystems. This strategy addresses long-standing infrastructure bottlenecks by combining manufacturing spaces with dedicated logistics, specialized digital networks, localized energy systems, and worker training facilities.
The state state-run investment promotion agency is also expanding its digital transformation programs and multi-agency partnerships to streamline operations for incoming investors.
Panga said these combined ecosystem and digital upgrades are intended to secure the country’s position within regional value chains amid tightening global competition.
READ: PEZA leads investment mission to Australia, New Zealand