Surpassed target for 2025
PEZA, in 2025, surpassed its P250-billion approved investments target by achieving P260.89 billion, a 21.91 percent growth, which represents the highest investment figure since 2016.
“By hosting investor companies, it has been the backbone of the Philippine economy, contributing 51 percent of its exports across the globe,” PEZA director general (DG) Tereso Panga said in a Viber message.
He stressed that with the advent of the CREATE MORE Act, which seeks to enhance the country’s competitiveness of its incentive regime, PEZA is now able to compete with other countries in parity in terms of providing benefits and incentives to prospective investors.
“Within the Administration of President Ferdinand Marcos Jr. (since 2022), there has been a consistent upward trajectory in investment generation, which may reach the target of P300 billion in 2026 alone,” he said.
PEZA Charter change
“As for the future, PEZA is banking and building on the following: PEZA Charter change to serve the growing number of investors and ecozones; the Luzon Economic Corridor and Pax Silica; the Pantao Ecozone in the Bicol Region that serves as a gateway to the Pacific; and, the Philippine Mega Ecozone in Palawan which will tie-in the economy of the western part of the Philippines to the BIMP-EAGA corridor,” the PEZA chief noted.
He said in promoting ease-of-doing business, PEZA has strengthened its One-Stop-Shop system by embracing digitization of its systems, opening the AI Academy to upskill the workforce, and embracing new technologies to improve the sustainability and business environment in our ecozones.
PEZA Bill
According to Panga, PEZA continues to advance reforms and partnerships aimed at strengthening the country’s position as a competitive destination for foreign direct investments and a key player in global value chains.
On 18 June 2026, PEZA met with Secretary Frederick D. Go and senior officials of the Department of Finance (DoF) to present its draft PEZA bill, which seeks to expand and strengthen the agency’s functions in support of the country’s overall FDI attraction strategy.
The proposed measure aims to expand PEZA’s functions, allowing the agency to respond more effectively to investor needs and align with the country’s broader foreign direct investment strategy.
Secretary Go expressed support for enhancing PEZA’s role in investment promotion and in driving more responsive, investor-oriented reforms.
Building on this momentum, Panga formed part of the delegation led by Executive Secretary Ralph Recto and DoF Secretary Go during their visit to Clark on 19 June 2026.
Texas Instruments
The delegation visited the facility of Texas Instruments, one of PEZA’s biggest and most valued locators, with over 40 years of operations in the Philippines.
During the dialogue with Texas Instruments, Executive Secretary Recto conveyed President Ferdinand R. Marcos Jr.’s vision for the Philippines to become the next semiconductor and AI powerhouse in Asia.
“We want companies like Texas Instruments to see the Philippines as their long-term home for growth. And through the Semiconductor and Electronics Industry Advisory Council, the government and industry players are working together to achieve that ambitious goal,” Executive Secretary Recto said.
The public-private collaboration was further advanced during the 5th Semiconductor and Electronics Industry Advisory Council (SEIAC) Meeting, attended by DG Panga, where government and industry leaders discussed initiatives to strengthen the competitiveness of the Philippine semiconductor and electronics sector.
