APECO secured P18B deals, eyes strategic role 

The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured investment pledges worth P18 billion in less than three years, underscoring growing investor interest in the eastern seaboard ecozone as the government pushes to diversify growth centers and strengthen national economic resilience.

Since 2023, APECO has attracted commitments spanning renewable energy, logistics, food security, and defense-related industries. More investments are expected as the ecozone positions itself as a strategic complement to the Luzon Economic Corridor (LEC), the flagship infrastructure and investment initiative linking key economic hubs in Central Luzon.

APECO President and CEO Gil Taway IV said the ecozone’s location along the Eastern Pacific Seaboard offers a distinct advantage at a time when global supply chains are being reshaped and Indo-Pacific trade routes are gaining importance.

“We are not competing with other ecozones,” Taway said. “APECO is a complementary hub that provides resilience and redundancy because of our strategic location on the Eastern Pacific Seaboard.”

The strategy reflects a broader shift in economic planning. Rather than concentrating investments in a few established centers, policymakers are increasingly looking at secondary gateways that can support trade flows, energy security, and national defense objectives.

Among the largest commitments is a 25-megawatt solar power project from Singapore-based Pacific Impact, a development expected to strengthen Aurora’s energy infrastructure. APECO is also in discussions with Amerasia International Terminal Services Inc. to expand warehousing and logistics facilities in Casiguran, while talks continue with a U.S. defense logistics company on potential drone testing, maintenance, and manufacturing operations.

Taway said energy remains a foundational priority.

“Power precedes progress. Without energy security, development will not follow,” he said.

Beyond power and logistics, APECO is pursuing investments in cold storage, fish processing, waste-to-energy, hydrogen, healthcare, and workforce development.

The ecozone’s growing pipeline suggests investors are beginning to view Aurora not merely as a frontier location, but as a strategic node in the Philippines’ evolving economic and security architecture, particularly as Indo-Pacific trade and geopolitical dynamics continue to reshape investment priorities.

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