Philippine ecozone investments soar 294% in Q1 2025, led by IT-BPM
PASAY, PHILIPPINES — The Philippine Economic Zone Authority (PEZA) has approved PHP58.9 billion (US$1.06 billion) in new and expansion projects in Q1 2025, marking a 294% surge from the same period last year.
The IT-BPM sector led the economic expansion, with investors seeing the Philippines as a premier location for outsourcing and manufacturing services in the region.
IT-BPM sector fuels PEZA’s record investment growth
PEZA greenlit 12 IT-BPM projects in Q1, contributing to a total of 66 approved ventures.
These projects are expected to generate $497 million in exports and create 16,000 jobs, reinforcing the Philippines’ position as a top destination for outsourcing and tech-driven services.
Director General Tereso Panga credited the boom to the CREATE MORE incentives, which offer some of ASEAN’s most competitive fiscal perks.
With inbound interest from the United States, Japan, and Europe, PEZA anticipates further expansion in IT-BPM, a key pillar of the country’s economic resilience.
Diversified investments boost regional development
Beyond IT-BPM, PEZA approved projects in export manufacturing, utilities, and ecozone development, including a PHP2.6 billion (US$46.8 million) coconut milk plant and a water treatment facility. These ventures will spread across Metro Manila, Batangas, and Mindanao, supporting balanced regional growth.
Panga emphasized that PEZA’s aggressive promotion and ASEAN-leading incentives are attracting global firms.
Future investment missions will maintain the agency’s speed by luring additional offshore operations to establish their bases in the Philippines.
With IT-BPM at the forefront, PEZA is well-positioned to reach its investment targets set for 2025. PEZA serves as a driving force behind export-led growth with inclusive benefits for the nation because global businesses seek cost-efficient talent and incentives found in the country.
