The Philippine Economic Zone Authority (PEZA) has registered a total of 120 Chinese projects with combined investments of PHP39 billion and employing over 21,000 Filipino workers inside the economic zones.
PEZA Director General Tereso O. Panga cited the presence of Chinese investors inside their ecozones as he welcomed a 16-member business delegation from the Chongqing Chamber of Commerce for International Cooperation in Private Sector on June 16, 2026. The business mission was exploring investment opportunities in PEZA ecozones and deepen Philippines-China economic cooperation.
During the meeting, Panga tried to interest the visiting Chinese companies on the various investment opportunities under the Luzon Economic Corridor and the expanding global participation in AI and semiconductor value chains through the Pax Silica initiative in Clark.
“Chongqing’s strengths in advanced manufacturing and innovation align well with the Philippines’ growing role in ASEAN and the global market. Despite differences in geographic interpretations and geopolitical tensions, strengthening trade relations between China and the Philippines would be a step towards understanding and positive relationship that promotes common ground and interest for people to people and B2B cooperation,” DG Panga told the visiting Chinese businessmen.
He also also presented to the Chongqing business mission PEZA’s world-class ecozones, competitive incentives, skilled workforce, and strong government support. He said the PEZA environment continues to unlock new opportunities for growth and sustainable investment. “Our Chinese partners will not only gain a competitive business location but also a reliable long-term partner committed to their success,” DG Panga said.
Led by Luo Yu, Vice President of the China International Chamber of Commerce for the Private Sector under the All-China Federation of Industry and Commerce, the delegation brought together industry leaders from diverse industries—including human resources, automotive and motorcycle components, petroleum, financial consulting, international trade, culture and tourism, healthcare and wellness, transportation and logistics, investment, new energy, and technological innovation.
During the meeting, DG Panga highlighted the Philippines’ growing role as a strategic investment and supply chain hub in the Asia-Pacific, citing the country’s strengthened implementation of the Regional Comprehensive Economic Partnership (RCEP).
The delegation also gained insights into the advantages of locating in PEZA ecozones, with Science Park of the Philippines, Inc. (SPPI) Senior Vice President for Marketing Jeronimo Salonga presenting the value proposition of the Light Industry and Science Park, including its world-class infrastructure, business-ready environment, and strategic connectivity.
