Investments approved by the Philippine Economic Zone Authority (PEZA) surged by over 80% in the first five months of 2025, reaching PHP66.34 billion.
A total of 102 new and expansion projects were approved, projecting over USD1.092 billion in export revenues and approximately 29,000 direct Filipino jobs.
The approved projects are diversified across advanced manufacturing, semiconductors, IT-BPM, logistics, and renewable energy sectors.
PEZA Director General Tereso O. Panga stated that this "consistent growth in job creation affirms investor confidence in the Philippine ecozone program."
He added that PEZA's focus remains on inclusive growth by developing economic zones beyond urban centers.
PEZA is targeting the approval and proclamation of at least 30 ecozones this year, particularly in Central Luzon, Cebu, and Mindanao.
However, Mr. Panga noted that US reciprocal tariffs are creating uncertainty among investors.
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