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EconomyEditor's Pick

Polish firms inquire about possible Bicol investments

by July 8, 2025
July 8, 2025

The Philippine Economic Zone Authority (PEZA) said it received expressions of interest following a roadshow in Poland, including a possible 60-million-euro investment in Camarines Norte.

“The PEZA-led mission to Poland comes at a strategic moment, coinciding with the ongoing Philippine-European Union free trade agreement negotiations under the administration of President Ferdinand R. Marcos, Jr.,” PEZA said in a statement on Tuesday.

PEZA said investment leads were generated from companies involved in renewable energy, data centers, and shipbuilding, following investment seminars and business-to-business meetings in Warsaw and Gdansk.

“Most notable is a consortium of Polish, American, and Filipino investors planning to establish a data center with renewable energy and water desalination components,” PEZA said in a statement on Tuesday.

“The initial investment for its pilot site in Camarines Norte is pegged at 60 million euros. The group is also eyeing the development of similar facilities in two additional ecozone locations in the Philippines,” it added.

It also said that a startup company, which has developed advanced air and water purification technology using photocatalytic membranes, is piloting the system on a private farm in Mindanao.

“The company expressed interest in establishing manufacturing operations in the Philippines once it gains traction in the Southeast Asian market,” PEZA said.

PEZA hosts over 300 EU locator companies, including a Polish information technology and business process management firm. These locators have put in over P400 billion in investment and employ 500,000 workers.

In 2024, Poland’s exports to the Philippines totaled $367.11 million, while Philippine exports to Poland amounted to $252.92 million.

“Polish exports to the Philippines include agricultural goods — such as dairy and chicken — mechanical equipment, and paper,” PEZA said.

“Meanwhile, the majority of Philippine exports to Poland consist of electronics,” it added. — Justine Irish D. Tabile

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