The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.
PEZA Director General Tereso O. Panga and Suntrust Ecotown Developers Inc. President Harrison M. Paltongan signed a supplemental agreement on July 28 covering an additional 331,348 square meters, or 33.13 hectares, in Barangays Punta I and Sahud-Ulan, Tanza.
The expansion follows the issuance of Proclamation No. 1337, signed by President Ferdinand R. Marcos Jr. on July 13, officially incorporating the new property into the PEZA-registered economic zone.
The additional industrial space is expected to accommodate new locators, generate more jobs and increase exports, reinforcing Cavite’s position as one of the country’s leading manufacturing and investment hubs.
The agreement comes as PEZA continues to expand its industrial estates to meet growing investor demand, particularly from export manufacturers seeking ready-built locations with established infrastructure and investment incentives.
“As highlighted by President Marcos in his recent SONA, sustaining economic growth requires creating quality jobs, strengthening our industries, and making the Philippines more competitive for investors. The expansion of Suntrust Ecotown is a concrete example of that vision in action. PEZA remains committed to expanding world-class economic zones that attract high-value investments and supports the country’s long-term industrial transformation,” Panga said.
Registered with PEZA in 2001, Suntrust Ecotown has evolved into a major industrial estate hosting 65 registered business enterprises engaged in logistics, information technology-business process management, facilities and utilities.
The ecozone currently provides more than 7,900 direct jobs, with the latest expansion expected to further boost employment and investment activity.
The project also aligns with the government’s push to widen the country’s industrial base by increasing the supply of investment-ready economic zones, a strategy seen as crucial to sustaining export growth and strengthening the Philippines’ competitiveness in attracting regional manufacturing investments.
