PEZA exports up 13% to $36B in 2006

Exports from special economic zones reached $36.007 billion in 2006, nearly 13 percent higher than the $32.029 billion posted in 2005, the Philippine Economic Zone Authority (PEZA) reported yesterday.

The bulk of export earnings came from the 41 private ecozone locators. Exports from the private ecozones amounted to $26.940 billion, increasing by 11.46 percent from the $24.170 billion in 2005.

The four public ecozones were able to export $8.132 billion worth of goods in 2006, up by 9.178 percent from the previous year’s $7.448 billion.

The 40 PEZA-registered IT buildings and IT Parks, for their part, posted $1.004 billion in  export of services from January to December 2006, increasing 145 percent from its exports of only $410 million for 2005.

The top PEZA-registered export producers are Intel Technology Philippines, Inc., Texas Instruments Philippines Inc., Amkor Technology Philippines (with two separate locations), Philippine Associated Smelting and Refining Corp. (PASAR), Fujitsu Computer Products Corp. of the Philippines, Cypress Manufacturing Ltd., Toshiba Information Equipment (Philippines) Inc., Panasonic Communications Corp. of the Philippines and American Power Conversion Corp. B.V.