PEZA posts third straight billion-peso dividend

The Philippine Economic Zone Authority (PEZA) strengthened its position as one of the government’s top-performing state corporations after remitting P1.44 billion in dividends to the National Government for fiscal year 2025, marking its third consecutive year of billion-peso contributions.

The remittance was formally recognized during the annual GOCCs Day 2026 at Malacañang, where President Ferdinand R. Marcos Jr. honored 50 government-owned and controlled corporations (GOCCs) that collectively turned over a record P147.15 billion in dividends.

PEZA ranked 12th among the 15 members of the government’s “Billionaires Club,” composed of GOCCs that each remitted more than P1 billion. Since fiscal year 2022, the investment promotion agency has contributed more than P5 billion in dividends to the National Government.

Director General Tereso O. Panga said the agency’s sustained financial performance reflects continued investor confidence and the resilience of enterprises operating in PEZA-administered economic zones.

“This milestone reflects the confidence of our investors, the resilience of our ecozones, and the dedication of every member of the PEZA family to deliver results that directly benefit the Filipino people despite the various headwinds we are facing,” Panga said.

He added that the agency’s consistent dividend remittances demonstrate that effective investment promotion can go hand in hand with prudent fiscal management.

“Our three-peat in dividend remittances demonstrates that investment promotion and sound public financial management go hand-in-hand. As we continue to attract high-value investments, we are likewise ensuring that the gains from economic growth are shared with the National Government and ultimately with the Filipino people,” he said.

The strong dividend performance comes as PEZA reported continued momentum in investment approvals during the first half of 2026. The agency registered more than 150 new and expansion projects valued at P140.689 billion, up 94 percent from the same period last year and equivalent to nearly half of its P300-billion investment target for the year.

PEZA attributed the growth to ongoing reforms aimed at improving the ease of doing business, accelerating digitalization, and strengthening the country’s appeal as an investment destination.

During the ceremony, President Marcos reminded GOCCs that financial performance should ultimately translate into better public service.

“Profit is never the end in itself. It is just a means to better serve our people. And that is why I challenge every GOCC to continue modernizing your systems, embracing innovation, and eliminating inefficiencies wherever they may exist,” the President said.

He added, “At the same time, let us remain steadfast in practicing fiscal discipline. Public resources must never be treated as privileges to be spent, but as responsibilities to be managed wisely, transparently, and intentionally. For every decision we make ultimately affects the lives of our people. It is their trust that sustains our institutions. It is our duty to preserve to prove ourselves worthy of that trust every single day.”

Panga said PEZA remains committed to generating investments that create jobs, boost exports, encourage technology transfer, and support inclusive regional development.

“PEZA’s sustained financial performance reflects not only our commitment to sound governance and fiscal responsibility but also the strength of our investment promotion efforts. As a self-sustaining and resource-generating agency, we will continue to be a reliable partner of the National Government by attracting high-quality investments, generating employment and export opportunities, and advancing the Marcos administration’s vision of a more competitive, innovative, and inclusive Philippine economy,” he said.