Sunday, July 27, 2025

Electronics firm investing additional PHP13 B to expand Batangas plant

An electronics firm is expanding its Philippine operation with additional investments of PHP13 billion for the production of high-value electronic components  all for exports to the U.S. market, the Philippine Economic Zone Authority (PEZA) reported.

Based on its report, PEZA Director General Tereso O. Panga said that this project, which he did not identify, was among the 17 investment pledges  with combined investments of P18.599 billion approved by the Board during its July 17, 2025 meeting.

He said the company is an advanced manufacturing expansion under the Electronics/Semiconductor Manufacturing Services (EMS-SMS) sector. Soon to operate in Batangas, he said, “this high-value facility will specialize in the manufacturing of computers, electronics, optical products, semiconductor devices, and other electronic components, all of which will be 100% exported to the United States.”

“The EMS-SMS expansion in Batangas worth above PhP 13 Billion and fully dedicated to U.S. exports, proves how PEZA locators can diversify supply chains while ensuring quality and efficiency amid global trade shifts,” DG Panga noted.

“Global companies are repositioning, and the Philippines is ready to seize these opportunities. Through our mission of ecozoning the country, we are not just matching investors with ready sites — we are building inclusive and sustainable growth corridors that translate to jobs, exports, and shared prosperity.”

This strategic investment also underscores the Philippines’ growing role as a trusted partner in high-reliability electronics supply chains bound for the U.S., leveraging competitive costs, skilled talent, and preferential trade advantages to boost local value-added manufacturing and technology-driven growth, Panga added.

The 17 high-impact new and expansion projects approved in July  are poised to generate an estimated USD 744.06 million in annual export revenues once fully operational, and create 2,891 direct jobs.

January-July pledges

Meantime, Panga reported that PEZA approved 150 new and expanding projects from January-July this with total investments of PHP 90.96 billion, a whopping 100 percent increase from the PhP 45.48 billion recorded during the same period in 2024.

The seven month project approvals also marked a 25 percent increase from the 120 projects approved during the same period last year, highlighting strong investor confidence and sustained trust in the Philippines as a premier investment hub.

These ventures are projected to create 35,874 direct Filipino jobs — a notable 42.02 percent rise from the 25,259 jobs generated in the same period in 2024. Moreover, PEZA posted a 24.37 percent growth in its projected exports, reaching USD2.003 billion.

Following the recent U.S.–Philippines trade deal, PEZA remains optimistic as the Philippines continues high-level negotiations to compensate the newly adjusted 19 percent U.S.-imposed tariff on Philippine exports.

Led by President Ferdinand R. Marcos Jr., Special Assistant to the President for Investment and Economic Affairs Secretary Frederick D. Go, DTI Secretary and PEZA Board Chair Ma. Cristina Roque, and the country’s economic team, this development signals a step forward in strengthening trade ties and expanding market access between our two countries.

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