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Louella Desiderio - The Philippine Star
June 18, 2026 | 12:00am
Aerial view of completed and ongoing infrastructure projects within APECO in Casiguran, Aurora, showcasing government buildings, support facilities, and utility systems that form part of the ecozone’s foundational development.
https: / / apeco.gov.ph /
MANILA, Philippines — The Aurora Pacific Economic Zone and Freeport Authority (APECO) has attracted P18 billion in investment pledges across various sectors in nearly three years, reflecting investor interest in the ecozone’s position as a gateway to the Pacific.
APECO president and CEO Gil Taway IV said yesterday that defense accounts for the largest share of the total investment pledges.
There are also investment commitments in the following sectors: renewable energy, tourism, agri-processing, cold storage and skills training.
The investment pledges include a 25-megawatt solar power plant of a Singapore-based RE company.
A lease agreement for the solar power project is expected to be signed within the year.
Taway emphasized the project’s importance in attracting more investments to the ecozone.
“We know that we need energy for more investors to enter,” he said.
He said that APECO also expects to sign a lease agreement with an American defense logistics company soon for drone testing, maintenance and manufacturing.
The defense company also plans to establish ammunition production facilities in the country.
APECO is focused on attracting investments that will help address energy security.
“We know that power precedes progress. There will be no progress for any country if there is no energy security,” Taway said.
He said that APECO also wants to attract investments that support national security and food security.
“These are the three things that we need to continue to progress,” he said.
