PEZA remits PHP 1.389B dividends to national government

The Philippine Economic Zone Authority (PEZA) remitted PHP 1.389 billion in dividends to the National Government for fiscal year 2024, reinforcing its position as one of the top contributors among government-owned or -controlled corporations (GOCCs).

“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 September 16, 2025, President Ferdinand R. Marcos Jr. and Finance Secretary Ralph Recto recognized PEZA and other dividend-contributing GOCCs during the 2025 GOCCs’ Day celebration at Malacañang Palace in Manila.

PEZA was among the Top 15 GOCCs that remitted more than PHP 1 billion in dividends, providing vital fiscal resources for public services and government programs.

The agency’s performance reflects its financial stability and efficiency as the country’s premier investment promotion authority.

PEZA continues to generate jobs, exports, and technology transfer through ecozone development while remaining a reliable contributor to state revenues.

Under Republic Act No. 7656, GOCCs are mandated to remit at least 50 percent of their net earnings as dividends to the National Government.

PEZA’s 2024 dividend compliance highlights its commitment to fiscal sustainability and national development.

Since its establishment, PEZA has remitted more than PHP 13 billion in dividends, including over PHP 3.2 billion turned over under the Marcos administration from 2022 to 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,” Panga said.

“With President Marcos Jr. and Trade Secretary and PEZA Board Chair Ma. Cristina A. 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!” he added.