PEZA investment approvals surge 1,263% to P30.156B in Jan

The Philippine Economic Zone Authority (PEZA) approved P30.156 billion worth of investments in January 2025, a 1,263% surge from P2.212 billion in January 2024.

Green lit during the first PEZA Board meeting this year are 12 new and expansion projects expected to generate $32.177 million in exports and create 3,270 direct jobs.

“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 P235-250 billion in investments. It is an encouraging sign that we are on the right path to success,” PEZA director general Tereso Panga said in a statement.

The projects include five export manufacturing ventures, four information technology-business process management projects, and three domestic market projects. The projects are located across Metro Manila, CALABARZON, Central Luzon, and Central Visayas.

PEZA noted investments from key international markets such as the United Kingdom, China, the Netherlands, Australia, and Malaysia have also surged, with the United Kingdom emerging as PEZA’s leading investor for January.

Among the approved projects, two major ventures account for P29.014 billion in investments. PEZA said one standout project involves a domestic market enterprise investing nearly P28 billion in its beverage production and distribution facility in Tarlac City.

“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,” Panga said.

Another significant project, focused on energy storage systems, is investing more than P1.2 billion in the Mactan Economic Zone (MEZ).

Panga said PEZA’s 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,” he added.

Bullish on the various opportunities the country is expected to leverage on, PEZA eyes a 9-10% increase in its investment targets for the year, and 5% target for both export revenues and employment in line with the growth targets of industries for 2025.

In 2024, PEZA approved P214.176 billion worth of investment projects, surpassing its P200 billion target for the year by 71% and 21.89% higher compared with the P175.709 billion approved in 2023.

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