The Philippine Economic Zone Authority (PEZA) expects that the inclusion of advanced manufacturing, digital infrastructure, and other industries in the government’s Strategic Investment Priority Plan (SIPP) will enhance the country’s export competitiveness, according to BusinessWorld .
PEZA emphasized that the updated SIPP places a stronger focus on innovation, sustainability, and digital transformation, which align with the agency’s mandate to promote export-oriented industries. The move is seen as a strategic step to attract more investments in high-growth sectors.
The agency noted that these priority industries could help diversify the country’s export base and generate higher-value jobs, reinforcing the Philippines’ position in global supply chains.