PEZA OKs 4 ecozones worth over P3 billion in H1

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June 19, 2025 | 12:00am

MANILA, Philippines — Four economic zones with total investments amounting to P3.22 billion were proclaimed by President Marcos in the first semester to help spur growth in the regions, according to the Philippine Economic Zone Authority (PEZA).

In a statement yesterday, PEZA said that Marcos approved two expansion projects of a manufacturing zone in Batangas and new information technology (IT) parks in Bacolod and Bohol.

Those approved include the expansion projects for the Lima Technology Center of the Aboitiz Group in Batangas with investments amounting to P1.4 billion and the Upper East IT (information technology) Park worth P1.6 billion of Megaworld Corp. in Bacolod City.

The park is expected to host five IT-business process outsourcing firms, creating over 2,500 local jobs.

Apart from these new ecozones, Marcos also proclaimed the Tagbilaran Uptown IT Hub 2 in Bohol with over P200 million. This new IT Park will build on the success of the 1.4-hectare Tagbilaran Uptown IT Hub 1, which currently hosts IT-business process management firm TaskUs.

PEZA said a prospective locator has already expressed interest in investing over P70 million at the Tagbilaran Uptown IT Hub 2 and hiring over 500 Filipinos.

“As a medium-term strategy under the Philippine Development Plan, the ecozones will play a vital role in attracting the much-needed investments in the country, generating more jobs for Filipinos and contributing in accelerating the nation’s socioeconomic progress,” PEZA director general Tereso Panga said.

PEZA also said it is working to establish the Palawan Mega Ecozone and the Pantao Ecozone in Albay. Both ecozones are targeted for proclamation within the current administration.

A total of 32 ecozones with committed investments amounting to P13.41 billion have been proclaimed under the Marcos administration.

To encourage more ecozone developments in the country, PEZA continues to work with local government units and real estate developers.

By facilitating the establishment of ecozones, PEZA wants to further solidify the country’s position as a premier investment destination in the region.

“At PEZA, under my watch, we continue to engage with our partner developers like Aboitiz and Megaworld in creating more ecozones that attract investments and drive growth, prosperity and innovation nationwide,” PEZA said.