Trade Secretary and BOI Chair Cristina Roque said BOI-approved projects have reached P977 billion so far this year, reflecting continued momentum across priority sectors as the year draws to a close.
New projects endorsed
The investment tally includes 29 newly endorsed projects announced last week, with a combined value of P124.81 billion, subject to confirmation by the BOI board.
These projects are expected to generate 4,444 jobs nationwide, contributing to employment growth across multiple regions, according to the Department of Trade and Industry.
Broad sector coverage
The endorsed projects span renewable energy, infrastructure, transport and logistics, IT-BPM services, housing, manufacturing, and tourism-related developments, pointing to broad-based economic activity.
A significant portion of the investment value comes from large-scale clean energy projects, including wind, solar, waste-to-energy, and battery energy storage facilities in Luzon and the Visayas.
Clean energy focus
Officials said these projects will help strengthen the country’s power supply while advancing national goals on energy security, sustainability, and climate resilience.
The list also includes transport and connectivity investments, such as new-generation aircraft for domestic and international routes and maritime transport assets aimed at improving inter-island mobility.
Transport, connectivity
These investments are expected to support trade, tourism, and the continued recovery of the transport and travel sectors, while enhancing regional connectivity.
Meanwhile, IT-BPM and digital services projects across Metro Manila, Central Luzon, the Cordilleras, and Cebu are projected to generate the bulk of new jobs.
Jobs and services
Employment opportunities are expected in customer support, technical services, remote staffing, and managed services, reinforcing the Philippines’ standing as a global services hub.
Housing and real estate projects across multiple regions will expand access to affordable and economic housing, while generating jobs in construction and related industries.
Real economy gains
Leisure and recreation facilities included in the endorsed list are expected to stimulate local economic activity and support community development.
Roque said the steady pace of investment approvals reflects the government’s commitment to translating investments into tangible benefits for Filipinos.
“The steady flow of investments endorsed by the BOI shows that we remain fully engaged in creating jobs and sustaining economic momentum,” she said.
More in pipeline
Roque added that the BOI continues to evaluate several high-ticket projects currently undergoing due diligence, which are expected to further boost investment performance as the year ends and into the next.
The DTI-BOI said it remains focused on ensuring that investment commitments translate into more jobs, stronger industries, and expanded opportunities nationwide. —Ed: Corrie S. Narisma
