The Philippine Economic Zone Authority (PEZA) said it approved P30.15 billion in new investments during its first board meeting in January 2025, representing an increase of 1,263 percent from P2.212 billion a year ago.
“This is a promising start for 2025. The strong growth in our investment performance for January highlights our commitment to reaching our target of P235 to 250 billion in investments this year. It’s an encouraging sign that we’re on track to success,” said PEZA director-general Tereso Panga.
The January investments included 12 new and expansion projects covering five export manufacturing ventures, four IT-BPM projects and three domestic market initiatives, with an estimated export value of $32.177 million and potential to generate 3,270 direct jobs.
The projects are located in Metro Manila, CALABARZON, Central Luzon and Central Visayas.
“These projects will not only strengthen our export sector but also generate substantial local employment, driving inclusive growth,” said Department of Trade and Industry Secretary and PEZA chair Ma. Cristina Roque.
The United Kingdom emerged as the leading investor in January, along with key investors from China, the Netherlands, Australia and Malaysia.
Among the approved projects, two major ventures accounted for a substantial P29.014 billion in investments, while a standout project involves a domestic market enterprise investing in 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 key project, focused on energy storage systems, is set to invest over P1.2 billion in the Mactan Economic Zone (MEZ).
