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PEZA investments have reached P4-T for the first time in 26 years.

For the past 26 years, investments in the Philippine Economic Zone Authority (PEZA) have totaled PHP4.02 trillion, according to director-general Charito Plaza.

Plaza said these investments came from 4,670 locators in 415 economic zones across the country during the PEZA Investors Recognition Day 2021.

PEZA ecozones have increased in number since 1996 when there were 16 zones.

PEZA locators are export-oriented businesses that have contributed USD916.53 billion in exports over the last 26 years.

PEZA, according to Plaza, has resulted in the creation of over 1.73 million direct jobs and over 8.63 million indirect jobs.

“Bringing development to every Filipino family by creating sources of livelihood and income is also the very fabric of PEZA’s existence.” PEZA has been working on this for the past 26 years,” she continued.

PEZA’s goal, according to Plaza, is to create more ecozones across the country as well as new types of ecozones.

Plaza has worked to establish halal hubs and production zones, mineral processing economic zones, free trade zones in international airports and seaports, logistics parks, creative, culture, and arts tourism special economic zones, renewable energy eco-industrial park, retirement homes, and wellness and naturopathy villages, island capital cities of world special economic zones, knowledge innovation and science technology parks, and halal hubs and production zones since taking over as PEZA’s president.

Award of Excellence

Several locators have been recognized by the PEZA for their outstanding achievements in exports, community projects, environmental projects, and coronavirus disease 2019 (Covid-19) response.

The outstanding employers for this year are Reed Elsevier Philippines, Concentrix Daksh Services Philippines Corp., Concentrix CVG Philippines, Inc., JT International Asia Manufacturing Corp., ING Business Shared Services, and Brother Industries Inc.

PEZA’s outstanding exporters for this year are Dyson, MinebeaMitsumi, Inc., Continental Temic, Concentrix, and Optum Global Solutions Philippines, Inc.

PEZA locators such as Reed Elsevier, Brother, JTI, Continental, Philippine Sinter Corp., OnSemiconductors, Inc., QBE Group Shared Services Ltd., Canon Business Machines Philippines, Inc., and WeServ Systems international, Inc. received the Outstanding Community Project Award.

For the Environmental Performance Award, PEZA recognized WeServ, Brother, Denso Ten Philippines Corp., and TDK Philippines Corp.

PEZA has given the Covid-19 Response Award to TDK, Brother, WeServ, Amkor Technology Philippines, Inc., Asurion Techlog Center Philippines, Cognizant Technology Solutions, Inc., Conduent Business Services Philippines, Inc., Continental, Denso Ten Solutions Philippines Corp., HSBC Electronic Data Processing Philippines, Inc., Keppel Philippines Marine, Inc., Nestle Business Services AOA, Inc., Nexperia Philippines, Inc., Quantrix Enterprises, Inc., Teradyne Philippines Ltd., and Texas Instruments Philippines, Inc.

The PEZA has given the Galing Pinas Award to Texas Instrument, Epson Precision Philippines, Inc., Nidec Philippines Corp., Wu Kong Singapore Pte. Ltd., Canon, Cargill Oil Mills Philippines, Inc., Del Motne Philippines Corp., and Pilipinas Kao, Inc.

This year’s hall of famers are STMicroelectronics, Inc., BE Aerospace and Sutherland Global Services Philippines, Inc. as outstanding exporters; and Denso Philippines Corp for its outstanding community project; Canon, Analog Devices, Inc., and Samsung Electro-mechanics Philippines Corp for their environmental performances.

This year’s Billionaire’s Awardees, or those companies that have reached their exports revenue at USD2 billion, are Philippine Associated Smelting and Refining Corp., Texas Instrument, and Toshiba Philippines, Inc.

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