PEZA approves P100-million investment in Batangas metal manufacturing plant

THE Philippine Economic Zone Authority (PEZA) said it approved a P100-million investment by metal manufacturer Dream Precision Tech Corp. to set up an export business in Batangas.

In a social media post on Tuesday, PEZA said it registered the company as an economic zone export enterprise. The project is expected to generate over $3 million in annual export revenue and about 130 jobs.

The facility will rise within Lima Technology Center–Special Economic Zone, a 1,000-hectare PEZA-registered ecozone in Lipa City.

The facility will manufacture, process, and sell precision tools and metal products. Funding will be allocated mainly to acquire advanced machinery and equipment, PEZA said.

The company’s precision metal products are expected to support various industries, including precision hardware, semiconductors, optical and medical devices, automotive and AUV, hydrogen energy, power plants, and automation machinery.

The investment will help the Philippines make  advances into high-tech manufacturing, PEZA said.

The Philippine Statistics Authority reported that electronic exports rose 17% to $46 billion in 2025, while semiconductor exports grew 18.7% to $34.62 billion.

The Philippine Semiconductor and Electronics Industry Roadmap set an industry target of $70 billion for semiconductor exports and $40 billion for electronic exports by 2030.

The industry’s roadmap also includes a five-year plan to train 128,000 semiconductor professionals, and the establishment of specialized laboratories to meet industry demand. — Beatriz Marie D. Cruz