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Manila Bulletin devider Business devider Trade & Industry devider PEZA secures $215 million in pledges from US investment mission

PEZA secures $215 million in pledges from US investment mission

Published Jan 14, 2026 03:33 pm
The Philippine Economic Zone Authority (PEZA) generated more than $200 million in potential investments during its recent investment promotion mission to the United States (US).
In a statement, PEZA said it secured big-ticket investments during its investment mission last week, coinciding with this year’s Consumer Electronics Show (CES) in Las Vegas.
 “This mission sends a clear message that the Philippines—through PEZA—is open, ready, and competitive for high-value investments,” said PEZA Director General Tereso Panga.
“From advanced manufacturing and aerospace to medical technology and IT-BPM, global companies continue to recognize the strength of our talent, the reliability of our ecozones, and the impact of the government’s reforms,” he added.
Without disclosing the identity, PEZA said it met with a leading vertical manufacturer of high-quality industrial and medical exam nitrile gloves and glove-making machines.
The meeting was to finalize the company’s plan to build nitrile glove manufacturing plants in the country, across two sites in South Luzon and Cebu.
The project will be registered as an ecozone export enterprise, with products intended for the Western and Southeast Asian markets.
PEZA said the project is expected to be valued at around $200 million, creating more than 2,000 direct jobs.
PEZA also held a meeting with a global aerospace company regarding its plan to expand its manufacturing operations in the country.
The company is considering building a facility in New Clark City, investing around $15 million, and generating 1,000 jobs.
It has has been operating in Baguio City since 1984, manufacturing flight control systems and critical control products.
Further, PEZA said it engaged with one of the US’ leading mental health services providers, which is exploring the expansion of its information technology and business process management (IT-BPM) operations in the country.
This company is planning to build a “global center of excellence” that could employ more than 1,500 Filipinos within its first year of operations.
PEZA organized the country’s participation in the CES by bringing in four local manufacturers to showcase products and services manufactured in the country’s ecozones.
The exhibitors were Ionics EMS, Inc., GMV Materials Inc., Integrated Micro-Electronics (IMI), Inc., and Macro Wiring Technologies Co., Inc.
At the CES, PEZA said it met with a potential investor in Ionics, which focuses on the manufacturing of cutting-edge portable brain imaging systems.
As of November 2025, PEZA said more than 250 companies with American equity are already registered with the agency, with cumulative investments exceeding ₱410 billion and employing over 380,000 Filipinos.
Last year, PEZA approved ₱260.89 billion worth of investment pledges, up 22 percent from ₱214.18 billion recorded a year ago.
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