PEZA’s US mission yields ’high-value' results

LocalBusiness & Finance
15 Jan 2026 • 12:13 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

AN investment mission to the United States on Jan. 5-9 has yielded positive “high-value“ results, the Philippine Economic Zone Authority (PEZA) said on Wednesday.

Agency officials were in the US to support the Consumer Electronics Show (CES) 2026 in Las Vegas, Nevada, where four Philippine exhibitors — GMV Materials, Ionics EMS, Integrated Micro-Electronics (IMI), and Macro Wiring Technologies — showcased products and services from PEZA-registered Special Economic Zones.

CES features manufacturers, developers and suppliers of consumer technology hardware, content and technology delivery systems, among others.

It also presents a conference program where business leaders and pioneers address the tech industry’s most relevant issues.

At the trade show, PEZA officials met with representatives of a vertical manufacturer of industrial and medical exam nitrile gloves and glove-making machines. The company will set up a P200-million manufacturing facility in Southern Luzon and Cebu this year and hire 2,000 employees to serve Western and Asean markets, PEZA said.

Also at the event, representatives of Ionics — an electronics manufacturing services provider — met with a prospective investor in portable brain imaging systems.

The pharmaceutical and medical device sector is one of the promising new sources of ecozone foreign direct investment, following PEZA’s launch last year of the country’s first pharma park.

Expansion of operations

In Buffalo, New York, officers of PEZA and SyCip Gorres Velayo & Co. met with an aerospace company planning an expansion of its Philippine operations and considering New Clark City as its site, with over $15 million in new investments and 1,000 additional jobs, adding to its current workforce of over 2,000 employees.

In addition, representatives of a mental health services provider are considering opening an IT-BPM facility in the country that will employ 1,500 Filipinos within its first year of operations, PEZA said.

PEZA also paid a courtesy call to officials of the Philippine Consulate General in New York, led by Consul General Senen Mangalile.

“This mission sends a clear message that the Philippines, through PEZA, is open, ready, and competitive for high-value investments. From advanced manufacturing and aerospace to medical technology and IT-BPM, global companies continue to recognize the strength of our talent, the reliability of our ecozones, and the impact of the government’s reforms,“ PEZA Director General Tereso Panga said.

As of November 2025, more than 250 companies with American equity are registered with PEZA, accounting for P410 billion in cumulative investments and directly employing over 380,000 Filipinos.

PEZA is targeting P300 billion in investments this year.

 
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