The Philippine Economic Zone Authority (PEZA) is positioning its ecozones as an ideal location for aviation and aerospace investments.
During the Philippine Aviation Summit, PEZA ecozone development department manager Ludwig Daza said the investment promotion agency is opening its doors to more aviation-related industries.
Daza said PEZA is also encouraging the establishment of aerotropolis parks to link industries with airports and integrate aviation into the broader industrial landscape.
Aerotropolis parks are also expected to help ensure the country remains competitive in the next era of industrialization.
According to Daza, ecozone locators are supporting the growing aerospace and aviation sector, which requires precision, reliability and world-class standards.
‘PEZA is nurturing a growing ecosystem of locators that are quietly powering the aviation and aerospace value chain of the Philippines,’ he said.
PEZA currently hosts 16 registered aviation and aerospace projects of multinational corporations and Filipino enterprises.
These projects generated over P26 billion in investments and more than $1 billion worth of exports in 2024. In addition, these projects provided employment to over 11,500 skilled Filipino workers.
With its growing ecosystem of locators supporting aviation and aerospace firms, PEZA said the Philippines could serve as a regional hub for these sectors and advanced manufacturing.