The Philippine Economic Zone Authority (PEZA) said it remitted P1.38 billion in dividends to the national government for fiscal year 2024, a move that affirmed its strong financial performance.
“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,” PEZA director-general Tereso Panga said in a statement.
PEZA was among the top 15 government-owned and controlled corporations (GOCCs) recognized during the 2025 GOCC Day, where each agency contributed more than P1 billion in dividends.
Under Republic Act No. 7656, GOCCs are required to remit at least 50 percent of their net earnings as dividends to the national government.
PEZA has contributed more than P13 billion to the national coffers, including over P3.2 billion under the administration of President Ferdinand Marcos Jr.
