The Philippine Economic Zone Authority (PEZA) reported a significant surge in investment pledges for the first quarter of 2025, reaching P58.95 billion, a 249% increase compared to the same period in 2024.
Notably, a substantial portion of this growth is attributed to the robust performance of the Information Technology and Business Process Management (IT-BPM) sector.
According to PEZA, 24 out of the 66 approved projects for Q1 2025 are within the IT-BPM industry. These projects are expected to contribute significantly to the 15,815 new direct jobs and the $497.46 million in projected export revenues.
“PEZA’s sustained growth, particularly in the IT-BPM sector, highlights the Philippines’ attractiveness as a prime destination for technology-driven investments,” stated PEZA Director General Tereso Panga. “The CREATE MORE incentives, coupled with the country’s skilled workforce, are key factors in attracting these investments.”
The National Capital Region (NCR) saw 12 projects approved, demonstrating the continued concentration of IT-BPM investments in the metropolitan area. Other regions, including Calabarzon and Central Visayas, also saw IT-related projects.
The PEZA board also approved several big-ticket projects, including investments in utilities and facilities that support the IT-BPM industry’s infrastructure requirements.
“We are optimistic about maintaining this growth trajectory, especially as we continue to engage with international investors interested in the Philippines’ thriving IT-BPM sector,” Panga added. “Our investment missions, including those facilitated by the Office of the Special Assistant to the President for Economic and Investment Affairs, are generating significant interest from US, Japanese, Chinese, Taiwanese, and Spanish companies.”
The increase in IT-BPM investments underscores the Philippines’ growing prominence as a regional hub for technology and business services, further solidifying its position in the global digital economy.
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