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Rosario, Cavite — The Philippine Economic Zone Authority (PEZA) sustained its strong investment momentum as it surpassed the Php 200-billion milestone in investment approvals for the year—even exceeding the Php 201 billion of investments recorded in January-November 2024. This solid upswing reflects investor’s confidence and reaffirms the resilience of the ecozone industry, which continues to expand despite ongoing global uncertainties, shifting supply chains, and macroeconomic headwinds. PEZA Director General Tereso O. Panga presiding the board meeting PEZA Director General Tereso O. Panga said, “Even amid external shocks and a challenging global investment climate, the ecozone industry remains undeterred. Our consistent growth reflects the trust of investors in the Philippines’ competitiveness coupled with PEZA’s brand of service. We will continue to champion measures that strengthen our investment ecosystem and position the country as a prime hub for sustainable, technology-driven, and resilient industries.” January – November 2025 Investment Approvals Year-on-Year Performance Following its latest Board Meeting held on 28 November 2025 at the Cavite Economic Zone (CEZ), PEZA approved 281 new and expansion projects worth PHP 207.577 billion from January to November 2025. This represents a 2.99% increase over the PHP 201.55 billion approved in the same period last year. This growth reflects a 17.57% rise in new and expansion projects from 239 in 2024 and an 89.19% increase in projected exports, amounting to US$7.39 billion, while providing 69,737 direct jobs for Filipinos. By investor nationality, Japan continues to lead PEZA-approved investments, followed by the Cayman Islands, South Korea, China, Singapore, the USA, and other countries. Notably, domestic market-oriented investments surged to PHP 110.733 billion, highlighting PEZA’s effective collaboration with local government units in unlocking regional economic potential and generate broader opportunities. This momentum underscores PEZA’s strategic focus on emerging industries and strengthened partnerships with local government units to expand investor-ready environments nationwide. Through its foreign initiatives, PEZA continues to widen the reach of its ecozones by attracting multinational companies and forging stronger partnerships with global investors, further reinforcing its role as a stabilizing pillar of the economy. November 2025 Investment Approvals November Board Approvals In November, PEZA recorded Php 32.211 billion in approved investments from the 38 new and expansion projects, with US$1.741 billion in projected exports and estimated 9,802 direct jobs for Filipinos. Among the 38 projects are various types of industries, including twenty-two (22) in export manufacturing, five (5) in facilities development, four (4) in the IT-BPM sector, three (3) in ecozone logistics service enterprise (ELSE), two (2) in domestic market-oriented activities, and two (2) ecozone development. These will be strategically distributed across the regions of CALABARZON (IV-A), NCR, Central Luzon (III), Ilocos Region (I), Bicol Region (V), Central Visayas (VII), Northern Mindanao (X), and Davao Region (XI). This dispersion reflects a deliberate push toward regionally balanced development and allow more provinces to benefit from job creation, industrial expansion, and increased economic activity. DTI Secretary Maria Cristina A. Roque and PEZA Board Chair said “Despite the headwinds, there is a bright light in PEZA as they’re about to breach their 2024 performance. Key developments are the approval of five (5) notable big-ticket projects worth Php 27.261 billion in investments—four (4) of which will manufacture electronic and pharmaceutical products, and one (1) dedicated to ecozone development. These projects will locate in the provinces of Camarines Norte, Laguna, Tarlac, and Batangas.” Secretary Roque added “investment acquisition is on stream as we enter 2026, and remains bullish on the upcoming investment prospects into the country as we create more ecozones.” PEZA Site Visits The PEZA Board and Management also seized the opportunity to conduct site visits to three (3) key electronics manufacturers operating inside CEZ namely Leader Electronics (Philippines) Incorporated, Semitec Electronics Philippines, Inc., and Hayakawa Electronics (Phils.) Corp. This is part of PEZA’s continued efforts to strengthen partnerships with locators and promote sustained investment growth within the ecozones. (L-R: MEZ ZA Loy Cortero, PEZA DDG for Finance and Administration Ma. Veronica F. Magsino, DDG for Operations Vivian S. Sanros, DOE Usec. and PEZA Board Member Alessandro Sales, DG Tereso O. Panga, LEI Ph Director David Cheng, DDG for Policy and Planning Anidelle Joy M. Alguso, and CEZ ZA Atty. Vincent Sy Leader Electronics (Philippine Branch) Incorporated Leader Electronics (Philippine Branch) Incorporated is the local subsidiary of Taiwan-based Leader Electronics Inc. (LEI), a global manufacturer of power-electronics solutions. As LEI’s largest production hub in Southeast Asia, the Cavite plant supports a wide range of international clients, including major brands in the radio, telecommunications, and transformer products, reinforcing its role as a trusted partner in the global power-electronics industry. Over the years, its strong manufacturing presence and continuous operational expansion have been supported by its registration with PEZA since 2012. The company now employs over 1,000 Filipinos and contributes meaningfully to local economic activity. LEI Philippines also plays a key role in the group’s manufacturing network—alongside facilities in Taiwan and China—catering to both export and domestic markets. The company highlights its commitment to quality and sustainability, with the Cavite plant certified under ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (Occupational Health and Safety). The PEZA delegation at the Semitec Facility Semitech Electronics Philippines, Inc. Following the visit to Leader Electronics, the PEZA delegation visited Semitec Electronics Philippines, Inc., a leading producer of sensor components. Semitec Electronics Philippines, Inc. is the Philippine arm of SEMITEC Corporation, a global manufacturer known for its temperature sensors, thermistors, and precision electronic components. The facility supports SEMITEC’s global supply chain through the production of sensor technologies used in automotive systems, medical devices, home appliances, and industrial equipment. The Philippine site operates under internationally recognized certifications, including ISO 9001, ISO 14001, ISO 13485, and IATF 16949, demonstrating strict compliance with quality and environmental medical-device and automotive manufacturing standards. Registered with PEZA for 25 years, SEMITEC Philippines employs over 1,300 Filipino workers and 90% of whom are female workers, it continues to contribute to the country’s electronics export sector through high-precision production capabilities and a strong reputation in sensor technology— an increasingly vital field amid the global shift toward automation, smart devices, and advanced manufacturing. PEZA Director General Tereso O. Panga and HEPC President Takashi Kawano Hayakawa Electronics (Phils.) Corp Founded in 1990, Hayakawa Electronics (Phils.) Corp. is a longstanding PEZA locator and one of the region’s major producers of wire harnesses for automotive, office automation, appliance, automated teller machines, and industrial applications. Over the years, it has built a reputation for reliability, precision manufacturing, and strong partnerships with global OEMs. Among its factories across Southeast Asia, the Philippine facility is the largest, generating employment for over 1,400 Filipino workers and serving as a critical hub for the company’s international supply chain. Beyond its manufacturing operations, HEPC is also recognized for its