Daily Tribune
PEZA Director General Tereso Panga
PEZA
The Philippine Economic Zone Authority (PEZA) on Sunday welcomed President Ferdinand Marcos Jr.’s issuance of two proclamations designating new economic zones in Tanauan City, Batangas, and Iloilo City, moves aimed at boosting investments and promoting regional development.
PEZA Director General Tereso Panga said the proclamations would help strengthen economic activity in both provinces and their respective regions.
Signed by authority of the President by Acting Executive Secretary Ralph Recto on 6 January, Proclamation No. 1127 designates four parcels of land in Barangays Pagaspas and Trapiche in Tanauan City as part of the existing First Industrial Township–Special Economic Zone.
The proclamation was issued pursuant to Republic Act No. 7916, or the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748, following the recommendation of PEZA’s Board of Directors.
The expanded ecozone covers a total land area of 55,859 square meters and is strategically located near the CALABARZON Road and the San Juan River in Tanauan City.
Meanwhile, Proclamation No. 1128 created and designated parcels of land along Donato Pison Avenue in Barangay San Rafael, Mandurriao district, Iloilo City, as a new Information Technology Park to be known as Atria Gardens.
The new Iloilo City ecozone covers 48,569 square meters and was likewise established under Republic Act No. 7916, as amended, upon PEZA’s recommendation.
"The proclamation of the two (2) new ecozones underscores the government’s unwavering commitment to balanced, sustainable, and inclusive development. These newly proclaimed ecozones in Batangas and Iloilo will catalyze long-term economic resilience and shared prosperity for the two regions and the nation,” Panga said.
He noted that for more than 30 years, PEZA ecozones have served as engines of growth by attracting investments, generating jobs, strengthening local industries, and dispersing economic opportunities beyond urban centers.
Through well-planned and responsibly managed ecozones, Panga said PEZA enhances the country’s global competitiveness while ensuring that development reaches communities, supports innovation, empowers local businesses, and strengthens supply chains.
“Under the term of President Ferdinand Marcos Jr., 40 ecozones have been proclaimed. One of the highest by a sitting President. This shows that the President is serious about expanding economic growth throughout the different regions in the country,” he said.
“With the strong support of the President, Executive Secretary Ralph G. Recto, Trade Secretary Cris Roque and his economic team, we look forward to more PEZA ecozones to be proclaimed this year as we further strengthen initiatives to attract high-value investments in the Philippines,” he added.
