TARLAC CITY, Tarlac (January 25, 2026) — Tarlac is emerging as a primary beneficiary of the Philippines’ recent investment surge, as the Philippine Economic Zone Authority (PEZA) secures over $215 million in new pledges following a high-level mission to the United States.
The investment haul includes high-tech expansions in the aerospace, pharmaceutical, and manufacturing sectors specifically targeted for Tarlac’s growing economic corridors.
A global aerospace leader specializing in flight control systems has committed $15 million to expand its local footprint. While the firm currently maintains operations in Baguio, the next phase of its growth is centered on New Clark City in Tarlac. This project is expected to create 1,000 high-value jobs, reinforcing the province’s position within the Luzon Economic Corridor.
This expansion aligns with the recent influx of tech giants into the Filinvest Innovation Park, a 120-hectare hub in New Clark City that serves as a cornerstone for modern electronics manufacturing.
In the municipality of Victoria, the Victoria Industrial Park (VIP), which stands as the Philippines’ first dedicated pharmaceutical and medical device economic zone, has prepared for a massive scale-up, with officials expecting up to 20 new locators by the end of 2026.
This influx is projected to generate roughly 10,000 jobs. To meet the rising demand from medical R&D and manufacturing firms, there are active plans to expand the park by an additional 60 to 100 hectares, which will eventually include a dedicated FDA satellite laboratory to streamline product registration and licensing.
The capital, Tarlac City, is seeing a similar shift with the development of the TARI Estate.
Located in Barangay Lourdes, this 200-hectare special economic zone was established as a “smart city” ecosystem. It is designed to offer integrated power, water, and fiber-optic infrastructure specifically to attract export-oriented manufacturers from the US and Japan. At full capacity, the TARI Estate is projected to be a massive engine for local growth with the potential to generate 60,000 jobs for the region.
PEZA Director General Tereso Panga emphasized that these projects are more than just “paper pledges,” noting that the mission to the US reflected a tripling of American investments in 2025.
He stated that the Philippines is now ready and competitive for high-value investments that translate into technology transfer and long-term economic confidence.
As of early 2026, Tarlac already hosts 19 PEZA-registered firms contributing over $161 million in exports. With a US business delegation scheduled to visit the province in July, local officials are optimistic that even more significant industrial announcements are on the horizon.
