Thursday, May 15, 2025

PEZA Jan-April investment approvals jump 112% 

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The Philippine Economic Zone Authority (PEZA) said on Tuesday its investment approvals grew by 112 percent in the first four months of 2025.

In a statement, PEZA said the cumulative amount stood at P63.53 billion in the January to April period this year, rising from P29.95 billion a year earlier.

PEZA Director General Tereso Panga said the agency remains bullish about attracting more foreign direct investments (FDIs) into the country due to “the continued upward trajectory of investment approvals.”

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This reflects PEZA’s commitment toward investment promotion “with renewed investor confidence in the Philippines as a resilient and globally competitive destination,” Panga said.

Seven big-ticket projects, with a total cost of P49.81 billion, led the investment approvals from January to April. 

During the period, PEZA approved 86 projects, of which 31 were in manufacturing, 28 in information technology-business process management, eight were domestic enterprises, seven each for ecozone development and facilities, and four were utilities projects.

Once operational, these projects are expected to employ 21,275 workers and generate $714.34 million in exports annually.

The PEZA data showed that Region IV attracted the most locators, 40, followed by the National Capital Region and Region IVB, with 13 each. 

South Korea was the top source of investment, accounting for P10.45 billion.

For the month of April, the PEZA Board approved 20 new and expansion projects worth P4.57 billion. These projects are expected to create more than 9,000 jobs and generate $300 million worth of exports.

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