- PEZA approves P105.83 billion in 179 projects, up 71.5% from last year.
- Projects expected to create 40,638 direct jobs and $3.38 billion in exports.
- New projects and ecozones in Tarlac, Davao, and Sarangani to drive nationwide growth.
The Philippine Economic Zone Authority (PEZA) announced that it has approved P105.83 billion worth of investment proposals so far this year, marking a 71.54 percent increase from P61.69 billion during the same period last year.
From January to August, PEZA approved a total of 179 projects, up 9.82 percent from 163 projects recorded in the same period in 2024. These projects are expected to generate 40,638 direct jobs for Filipinos. Projected exports linked to these investments are also set to rise significantly, reaching $3.38 billion up 71.25 percent from last year’s $1.97 billion.
PEZA said it has now achieved 42 percent of its 2025 target of at least P235 billion in total investment approvals.
Investors from the Cayman Islands led by nationality with P13.14 billion worth of proposed investments, followed by South Korean, Chinese, American, and Dutch investors.
“With the volume of interest we are receiving and the quality of projects in our pipeline, we are confident that the coming months will not only meet our target for the year but also bring even greater gains for our economy and our people", PEZA Director General Tereso Panga said.
In August alone, PEZA approved 29 new and expansion projects worth P14.872 billion, expected to create 4,764 direct jobs. These projects cover a variety of industries, including export manufacturing (16), information technology and outsourcing (5), domestic market-oriented activities (4), ecozone development (3), and facilities (1).
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The projects will be strategically located across Metro Manila, Central Luzon, Calabarzon, Eastern Visayas, Davao, and Soccsksargen regions. Four major projects approved in August have a combined investment of P11.243 billion.
Two new manufacturing ecozones are planned in Tarlac, strengthening the Luzon Economic Corridor, while a 16-story facility in Davao City and a steel manufacturing plant in Sarangani province are expected to spur countryside development.
“What we’re seeing now is still a healthy, robust pipeline of projects, and with our expanded regional engagements, we expect strong growth momentum in the months ahead”, Panga added.
