Singapore · Regional expansion
Where October’s 18 Philippine economic-zone projects were approved
The Philippine Economic Zone Authority crossed its 2026 investment target in October. Its latest meeting approved 18 projects worth ₱12.487 billion, with 15 in Luzon and three in the Visayas. Those approvals lifted the year-to-date figure to ₱309.629 billion.
Sources checked
The five entries account for all 18 projects in the October release.
Most of October’s projects were in Luzon
Eight October projects were in CALABARZON, six in the National Capital Region and one in Central Luzon. PEZA assigned the other three to Cebu and Iloilo. The chart measures number of approved projects, because the release does not provide a peso allocation for every location. Source 1
October moved approvals past the annual target
PEZA had recorded ₱297.141 billion through September. The October cycle contributed about ₱12.487 billion and brought the published total to ₱309.629 billion after rounding. The target was ₱300 billion and the January-to-October 2025 comparison was ₱175.365 billion. Source 2 Source 1
Board cycles differed in project size
The September cycle approved 27 projects worth ₱80.675 billion. PEZA said five major projects represented ₱77.617 billion of that amount. The October cycle approved 18 projects for ₱12.487 billion. Counting projects gives each approval the same weight, while investment totals reflect its announced scale. Source 2 Source 1
Jobs and exports are still projections
PEZA’s January-to-October total covered 240 new and expansion projects expected to generate US$9.124 billion in exports and 38,815 direct jobs. The first-half release reported 157 projects. Each count reflects board approval, an earlier stage than beginning production or employing workers. Source 3 Source 1