Photo courtesy of PEZA
BUSINESS

PEZA courts Taiwanese firms

Mico Virata

The Philippine Economic Zone Authority (PEZA), along with Ayala Land and Logistics Holdings Corp. (ALLHC) has wrapped up an investment mission in Taiwan aimed at attracting more manufacturers and logistics firms to Philippine economic zones.

The two-day Taiwan Investment Forum held 4 to 5 February in Taipei gathered over 70 Taiwanese and international investors, along with Philippine trade and industry representatives. Organized by Ayala Land’s logistics arm, the event served as a platform to present the country’s investment climate and incentives.

PEZA director general Tereso O. Panga outlined the country’s economic outlook, citing structural reforms and policy measures designed to improve competitiveness.

He highlighted the CREATE MORE law, the ongoing ease-of-doing-business initiatives, and projections from the International Monetary Fund pointing to the Philippines as among the economies to watch in 2026.

Global uncertainty a norm

“We meet at a moment when global uncertainty has become the norm rather than the exception. Yet, the Philippine economy has remained resilient amidst global and domestic shocks. Through PEZA economic zones there is consistency and certainty as we provide a safe haven, a ready skilled workforce, sound business ecosystem and the infrastructure where Taiwanese and other international investors can expand with confidence, stability, and long-term competitiveness,” Panga said.

Investors in an open forum raised questions on land leasing, utilities, hyperscale data centers, and infrastructure support. PEZA officials and private sector representatives responded with details on available incentives and operational processes inside economic zones.

ALLHC chief operating officer Patrick Avila presented the company’s portfolio of industrial parks and logistics hubs, including ready-built factories and build-to-suit facilities. Dennis Constantino, vice president of Shin-Etsu Magnetics Philippines, shared his firm’s operating experience in the country and addressed concerns from potential investors.

PEZA officials also met with Elig Brake Technologies Corp., a PEZA-registered manufacturer of precision braking systems, to discuss expansion plans. The company signaled interest in adding research and development activities and new production lines focused on green manufacturing. Panga said the agency is prepared to guide investors through incentives and expansion procedures within its zones.

ALLHC - led investment mission

The ALLHC-led investment mission delegation likewise engaged companies from the electronics, automotive, steel, real estate, and logistics sectors that are considering visiting the Philippines to explore opportunities.

On 6 February, the group toured Omega 2 Yangmei in Taoyuan City, a smart logistics facility developed by Ally Logistic Property.