PEZA obtains manufacturing, aerospace investment pledges during US mission

THE Philippine Economic Zone Authority (PEZA) said it obtained investment commitments from manufacturing, aerospace, pharmaceutical, and information technology and business process management (IT-BPM) companies during a five-day mission to the US.

“This mission sends a clear message that the Philippines — through PEZA — is open, ready, and competitive for high-value investments,” PEZA Director General Tereso O. Panga said in a statement on Wednesday.

“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 economic zones, and the impact of the government’s reforms,” he added.

The mission was held on the sidelines of the Consumer Electronics Show 2026 from Jan. 5 to 6, where four Filipino exhibitors showcased their products and services.

Among the investments is a $200-million pledge from a vertical manufacturer of high-quality industrial and medical exam nitrile gloves and glove-making machines.

Targeted for operations this year, the manufacturing project is being positioned to serve Western and ASEAN markets.

It is expected to generate 2,000 jobs at two sites in South Luzon and Cebu.

PEZA also met with a manufacturer of portable brain imaging systems, which is also interested in setting up operations in the Philippines.

“The pharmaceutical and medical device sector is one of the promising new sources of ecozone foreign direct investment following PEZA’s launching last year of the country’s first pharma park and the guidelines for registration of pharm-related projects,” it added.

The investment promotion agency also met with an aerospace company planning a major expansion in the Philippines. It has been operating in Baguio City since 1984.

“The company is considering New Clark City as the site of its next expansion phase, which is projected to bring in over $15 million in new investment and generate 1,000 additional jobs, adding to its current workforce of more than 2,000 employees,” it said.

PEZA also met with representatives of a US mental health services provider that is considering setting up a center in the Philippines.

“The company currently operates in the US and India and is considering launching IT-BPM operations, with the potential to employ more than 1,500 within its first year of operations,” it said.

As of November 2025, PEZA zones host over 250 companies with US equity, accounting for P410 billion in investments and 380,000 jobs. — Justine Irish D. Tabile