PEZA poised for strong finish; approvals surpass 2024 total

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Louella Desiderio - The Philippine Star

December 20, 2025 | 12:00am

In a statement yesterday, PEZA said its total approved investments for the year reached P237.1 billion as of Dec. 12, breaching the P214.18 billion approved for the whole of 2024 by 10.7 percent.

STAR / File

MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is on track to close the year on a high note as the total approved investments already surpassed 2024’s full-year figure.

In a statement yesterday, PEZA said its total approved investments for the year reached P237.1 billion as of Dec. 12, breaching the P214.18 billion approved for the whole of 2024 by 10.7 percent.

These investment approvals represent a partial figure as PEZA is set to hold its last board meeting for the year on Dec. 22.

Investments approved by PEZA from January until Dec. 12 cover 307 projects that are expected to translate to $10.22 billion in exports and provide 74,678 jobs.

Last Dec. 12, PEZA approved 26 new and expansion projects with investments amounting to P29.84 billion. These investments are expected to bring $2.83 billion worth of export revenue and create 5,183 jobs.

The approved projects include six big-ticket projects covering manufacturing, domestic activity and ecozone development, with total investments amounting to P24.11 billion.

The latest investment approvals are seen to position PEZA for a strong close for 2025.

“Surpassing our 2024 investment milestone ahead of year-end strongly reflects growing confidence in the Philippines as a stable, competitive and future-ready investment destination,” PEZA director general Tereso Panga said.

With a solid investment pipeline, PEZA is optimistic of achieving or even surpassing its conservative investment approval target of P250 billion for the year.

Earlier this week, Panga said PEZA aims to breach the P300-billion mark for investment approvals either this year or in 2026.

With the Philippines serving as the Association of Southeast Asian Nations chair for 2026, PEZA said its performance reinforces the country’s position as a reliable regional hub for manufacturing, services and sustainable investments.

“As our country prepares to take on a more prominent leadership role in the region, PEZA will remain committed to ensuring that these investments translate into jobs, exports and long-term economic value for Filipinos,” Panga said.

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