The Philippine Economic Zone Authority (PEZA) reported securing new investment commitments from manufacturing, aerospace, pharmaceutical, and IT-BPM companies during a five-day investment mission to the United States.
Led by Director General Tereso O. Panga, the mission was held alongside the Consumer Electronics Show (CES) 2026 from January 5–6, where four Filipino exhibitors showcased their products and services. According to PEZA, the outreach underscores the Philippines’ positioning as a competitive destination for high-value investments across advanced manufacturing, aerospace, medical technology, and business services.
Among the commitments is a USD 200 million investment pledge from a vertical manufacturer of industrial and medical exam nitrile gloves and glove-making machines. The project, targeted to begin operations within the year, will serve Western and ASEAN markets and is expected to generate approximately 2,000 jobs across two sites in South Luzon and Cebu.
PEZA also engaged with a manufacturer of portable brain imaging systems that is exploring the establishment of operations in the Philippines. The agency noted growing investor interest in the pharmaceutical and medical device segment, following the launch of the country’s first pharmaceutical park and updated registration guidelines for pharma-related projects.
In aerospace, PEZA met with a US company that has operated in Baguio City since 1984 and is planning a major expansion. The firm is considering New Clark City for its next phase, which could bring in more than USD 15 million in additional investment and create approximately 1,000 new jobs, adding to its existing workforce of over 2,000 employees.
The agency also held discussions with a US-based mental health services provider evaluating the Philippines as a site for IT-BPM operations. The proposed center could employ more than 1,500 workers within its first year of operations.
As of November 2025, PEZA economic zones host over 250 companies with US equity, accounting for approximately PHP 410 billion (USD 7.1 billion) in investments and supporting around 380,000 jobs.
(Source: BusinessWorld)
