Thursday, September 18, 2025

PEZA remits PhP 1.389 B dividends, remains top contributor to National Government

The Philippine Economic Zone Authority (PEZA) has once again proven its strong fiscal performance and commitment to nation-building as it remitted PhP 1.389 billion in dividends to the National Government for fiscal year 2024.

 

“We are proud to reaffirm PEZA’s role not only as an enabler of investments and jobs but also as a steadfast partner of the National Government in raising revenues to support economic and social development,” said PEZA Director General Tereso O. Panga.

 

On 16 September 2025, President Ferdinand R. Marcos Jr. and Department of Finance (DOF) headed by Secretary Ralph Recto recognized various agencies for their contributions to the national coffers during the 2025 Government-Owned or -Controlled Corporations’ (GOCCs) Day celebration at the Malacañang Palace, Manila. PEZA is among the Top 15 GOCCs that contributed more than PhP 1 billion in dividends, strengthening the government’s fiscal resources for public programs and services.

 

PEZA’s dividend remittance highlights its sustained financial stability and operational efficiency as the country’s premier investment promotion agency. The Authority continues to attract and facilitate investments in ecozones, generating jobs, exports, and technology transfer while remaining a reliable revenue contributor to the government.

DTI Secretary Roque with PEZA DG Panga (center), Deputy Directors General Vivian Santos, Maria Veronica Magsino, and Anidelle Joy Alguso, Group Manager Maria Elena Salac, Department Manager Anita Abad, and Chief-of-Staff Napoleon Ferdinand Melendres.

Under Republic Act No. 7656, GOCCs are mandated to remit at least 50% of their net earnings as dividends to the National Government. PEZA’s remittance of PhP 1.389 billion in 2024 reflects its compliance with this mandate and its dedication to supporting the nation’s fiscal sustainability.

 

To date, PEZA already remitted above PhP 13 Billion dividends to the national coffers, with more than PhP 3.2 Billion dividends remitted under the Marcos Jr. administration (2022-2024).

 

“Looking ahead, we remain committed to fostering a globally competitive investment climate while ensuring that its operations continue to benefit both investors and the Filipino people. With President Marcos Jr. and Trade Secretary and PEZA Board Chair Ma. Cristina Roque at the helm and alongside our locators and partners, we will continue to be an instrument of growth and innovation para sa bago at maunlad na Pilipinas!” expressed DG Panga.

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