CHINESE firm Dream Precision Tech Corp. is investing P100 million for its operations at the Lima Technology Center-Special Economic Zone in Batangas, the Philippine Economic Zone Authority said on Tuesday.
The company manufactures precision tools and metal products, which will support various sectors, including semiconductors, optical and medical devices, automotive such as Asian utility vehicles, hydrogen energy, power plants, and automation machinery, PEZA said.
PEZA Director General Tereso Panga and Dream Precision Tech president Gang Liu recently signed a registration agreement, witnessed by PEZA Deputy Director General for Operations Vivian Santos and Dream Precision Tech vice president Wenjie Qi.
The project is forecast to generate over $3 million in annual export revenues and about 130 jobs during its incentivized period.
An incentivized period is a limited timeframe during which businesses or individuals receive special benefits, such as tax holidays, reduced tax rates, or enhanced deductions. It is commonly used in corporate investment to boost economic activity, with periods often lasting four to seven years for income tax holidays, followed by extended deductions.
“This registration underscores PEZA’s continued commitment to attracting technology-driven, export-oriented enterprises that foster innovation, create quality jobs, and drive sustainable industrial growth in the Philippines,” PEZA said.
In November 2025, PEZA said its three-day investment mission to China yielded concrete leads from manufacturing, pharmaceuticals, chemicals, energy, e-waste recycling, logistics, and property development firms.
As of 2025, PEZA is home to more than 100 Chinese companies which had created over 16,000 jobs.
