PEZA OKs P63.5B worth of investments from January to April 2025
The Philippine Economic Zone Authority (PEZA) saw a significant increase in approved investment commitments in the first four months of 2025.
In a statement, the PEZA said the total approved investments reached P63.523 billion from January to April, up 112.06% from P29.955 billion in the same period in 2024.
The PEZA said the P63.5 billion worth of investment pledges are composed of “86 new and expansion projects” and are expected to create more than 20,000 jobs.
South Korean investors topped the list, followed by American, Chinese, Japanese, Hong Kong, and Singaporean, according to the investment promotion agency.
“This indicates the FDI (foreign direct investment) flows that ecozones are reaping from the country’s newly signed FTA (free trade agreement) with South Korea and the emerging China+2 strategy in the region,” it said.
In April alone, the PEZA approved 20 new and expansion projects worth P4.575 billion, which are seen to generate more than 9,000 jobs and over $300 million worth of exports.
The 20 projects are in export manufacturing (seven), IT-BPM (five), facilities (four), utilities (two), logistics (one), and the domestic market (one) and are to be located in NCR, CAR, Region III, Region IV-A, and Region VII.
With this, PEZA Director General Tereso Panga expressed optimism about the entry of more foreign direct investments into the country with the continued upward trajectory on investment approvals.
“PEZA’s continued upward trajectory reflects our strong commitment towards investment promotion and facilitation. Despite the geopolitical challenges, this momentum reflects renewed investor confidence in the Philippines as a resilient and globally competitive destination,” said Panga. — VBL, GMA Integrated News