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PEZA’s investments reached ₱4.018 trillion in its 26th year, celebrated Investors’ Recognition Day 2021 Galing Pinas Excellence Awards & launched special projects

PEZA’s investments reached ₱4.018 trillion in its 26th year, celebrated Investors’ Recognition Day 2021 Galing Pinas Excellence Awards & launched special projects
December 1, 2021
PEZA’s investments reached ₱4.018 trillion in its 26th year, celebrated Investors’ Recognition Day 2021 Galing Pinas Excellence Awards & launched special projects

1 December 2021 (Wednesday)

Pasay City – Continuing to be the top investment promotions agency (IPA) and hosting 4,670 locator companies in the country to date, the Philippine Economic Zone Authority (PEZA) in its 26 years reached ₱4.018 trillion of investments. Celebrating milestones, the agency awarded its registered ecozone locator, developers, and investors during the annual Investors’ Recognition Day 2021 (Galing Pinas Excellence Awards) last 25 November, in PEZA Head Office, Pasay City.

PEZA Director General Charito B. Plaza said, “Our locator companies, whose investments, expansion projects, and reinvestments have totaled to a whopping 4.018 trillion pesos for the last 26 years. Their export revenues in our zones have reached 916.53 billion US dollars and counting.”

 

PEZA Director General Plaza giving a report on PEZA’s performance

 

PEZA Director General Plaza doing the “Galing Pinas” hand sign

 

In terms of employment, the PEZA Chief proudly reported that, “To date, we have 1,725,855 direct jobs in our economic zones. But, if we consider the other economic activities spurred by the presence of an economic zone in the locality, we can multiply this figure to five times or a total of 8,629,275 jobs created.”

Department of Trade and Industries (DTI) Secretary Ramon “Mon” M. Lopez who physically attended the annual event, lauding PEZA, said that, “Even in the middle of pandemic, foreign investors continue to stand by the Philippines and invest in [our country] partnered with PEZA’s long-term strategic projects.”

President Rodrigo Roa Duterte, Vice President Leni Robredo, Senator Christopher Lawrence “Bong” Go, and Senator Win Gatchalian also sent their video messages to appreciate PEZA and its awardees for their combined efforts and contributions in keeping the nation’s economy thriving amidst the pandemic (see messages at PEZA’s facebook page).

 

List of Awardees

Aside from commending PEZA on the success of Investors’ Recognition Day, President Duterte also congratulated the Agency’s partnered stakeholders and locators. He said, “May you continue to foster a conducive investment climate for the country’s economic progress. As we welcome another year, may we further contribute to our recovery efforts as we build a more prosperous nation.

This year, PEZA awarded 24 companies and developer-operators in the PEZA Excellence Awards, while 34 for the Special Citation Awards with a total of 58 awardees.

 

PEZA Excellence Awards

Outstanding Exporter Awardees

1. Dyson Electronics Pte. Ltd. – Philippine Branch 4. Concentrix Daksh Services Philippine Corporation

2. Cebu Mitsumi, Inc.

5. Optum Global Solutions (Philippines), Inc.

3.  Continental          Temic           Electronics (Philippines), Inc.  

 

Outstanding Employer Awardees

6.    Reed    Elsevier    Shared    Services

(Philippines), Inc.

9. JT International Asia Manufacturing

Corp.

7. Concentrix Daksh Services Philippine Corporation

10. ING Business Shared Services B.V. Branch Office

8.    Concentrix CVG Philippines, Inc.

11. Brother Industries (Philippines), Inc.

 

Outstanding Community Project

 

12.    Reed    Elsevier Shared Services (Philippines), Inc. (**) 17.      Continental TemicElectronics (Philippines), Inc.

13. Brother Industries (Philippines), Inc.

18. QBE Group Shared Services Limited

Philippine Branch

14.    JT International Asia Manufacturing Corp. 19. Canon Business Machines (Philippines), Inc.

15. Philippine Sinter Corporation

20. WeServ Systems International, Inc.

16. ON Semiconductor Philippines, Inc.

 

 

Outstanding Environmental Performance

21. WeServ Systems International, Inc.

23. Brother Industries (Philippines), Inc.

22. 2Denso Ten Philippines Corporation

24. TDK Philippines Corporation

 

Special Citation Awards

 

COVID-19 Response Award

25. TDK Philippines Corporation

33.     Denso    Ten    Solutions    Philippines Corporation

26.Brother Industries (Philippines), Inc.

34.    HSBC   Electronic   Data    Processing (Philippines), Inc.

27. WeServ Systems International, Inc.

35. Keppel Philippines Marine, Inc.

28. Amkor Technology Philippines, Inc.

36. Nestle Business Services AOA, Inc.

29.     Techlog    Center    Philippines    (dba

Asurion)

37. Nexperia Philippines, Inc.

30. Cognizant Technology Solutions Inc.

38. Quantrics Enterprises, Inc.

31.        Conduent       Business       Services Philippines, Inc.

39. Teradyne Philippines Ltd

32. Continental Temic Electronics (Philippines), Inc.

40. Teradyne Philippines Ltd

 

GALING PINAS! Award

EXPORT ENTERPRISE CATEGORY

AGRI ENTERPRISE CATEGORY

41. TI (Philippines), Inc.

46.. Cargill Oil Mills Philippines, Inc.

42. Epson Precision (Philippines), Inc.

47. Del Monte Philippines Corporation

43. Nidec Philippines Corporation

48. Pilipinas Kao, Inc.

44. Wu Kong Singapore Pte. Ltd.

 

45. Canon Business Machines (Philippines), Inc.

 

Elevation to the Hall of Fame Award

49. STMicroelectronics, Inc.

53. Canon Business Machines (Philippines), Inc.

50. B/E Aerospace B.V. – Phil. Branch

2017, 2019, and 2020 Outstanding Exporter Award

54. Analog Devices Gen. Trias, Inc. (**)

51. Sutherland Global Services Philippines,

Inc.

55. Samsung Electro-Mechanics Philippines

Corp.

52. Denso Philippines Corporation

 

 

Billionaires Award

 

56.Philippine Associated Smelting and Refining Corporation (PASAR)

57. TI (Philippines), Inc

58. Toshiba Information Equipment (Phils.), Inc.

 

On the part of the Department of Trade and Industry, Secretary Mon Lopez noted to PEZA stakeholders, “You are really our inspiration as we move our [country’s] economy forward.

All of you are also the reason why our country, as of 3rd quarter [this year], has experienced 7% economic growth, 12% growth in the 2nd quarter, and a year to date of 4.9% growth in GDP.”

Further, Lopez emphasized that “because of you [investors], the Philippines has experienced 20% growth in exports as of September 2021 which is even higher than the pre-pandemic situation by 5%.”

 

PEZA Board Chairman and DTI Secretary Ramon M. Lopez giving the keynote address

 

Unveiling of PEZA’s Special Projects & Showcasing Transformation Road Map

In line with PEZA’s Transformation Road Map, Director General Plaza together with DTI Secretary Lopez and her deputy director generals, have officially launched the Agency’s special projects namely the new PEZA logo and flag, an improved PEZA website, the Innovator Man Statue, new Business and Investment Center, PEZA e-payment system, and the PEZA Visa for foreign investors. The agency also launched its 25th year Coffee Table Book last November 23, 2021.

 

Unveiling of the new PEZA Logo and Flag

 

 

Unveiling of the new PEZA Innovator Man Statue

 

DG Plaza giving DTI Secretary Mon Lopez a copy of PEZA’s new Coffee Table Book

 

 

The PEZA Chief added that in terms of ease of doing business in the country and adapting to technological innovations, “PEZA has recently rolled out its Electronic Payment and Collection System (EPCS) for a more accessible, convenient, and efficient way to perform transactions and settle PEZA fees.

PEZA clients can now pay their fees whenever and wherever using their mobile wallet, credit or debit cards, bank transfer, or with over 80,000 payment counters nationwide.

A recent Signing Memorandum of Understanding (MOU) between PEZA and Meralco was also made just this Wednesday, 24 November, on the issuance of the electronic Certificate of Final Electrical Inspection or e-CFEI for PEZA companies.

“PEZA can now submit in advance a list of the approved CFEIs to MERALCO through electronic mail before the physical certificates are actually sent,” said Plaza.

 

Unveiling of the New PEZA Business and Investment Center

 

A screenshot of PEZA’s new website

 

During the Investors’ Recognition Day, Director General Plaza also gave a glimpse of the new PEZA-Visa and e-Payment and Collection System, as well as PEZA’s future 13-storey and state-of-the-art Head Office building in Roxas Boulevard, Pasay City.

 

 

Ending 2021 with positive hopes and growth

Director General Plaza said, “As we traverse the last months of the Duterte administration, we proudly look back at what we have accomplished so far, but still, I can’t help but be more excited with what the next years have in store for PEZA.”

“I can assure you that whatever may be thrown our way, PEZA will remain as your most stalwart and most vigilant ally,” added the PEZA Chief.

Meanwhile, while the pandemic continues to pose challenges to PEZA investors, government agencies, and private sectors in making ends meet, Senator Bong Go said, “I am proud on how you managed to persevere, and I am happy that we are working together in recovering the momentum we have lost before the pandemic.”

Go also added, “As we gear towards better days ahead, I hope we continue the partnership [we have] forged between the [national] government and our industries so we can continue building more avenues for businesses that will truly benefit everyone. Magtulungan at mag- bayanihan tayo.