This milestone positions the BOI closer to its P1.6 trillion target for the year, the agency said in a statement.
Of the total committed investments for the period, energy projects, particularly renewable energy, accounted for the bulk at P1.25 trillion, reflecting a 48-percent year-on-year growth.
Other top-performing sectors were:
Air and water transport: P121.2 billion
Real estate (mass housing): P34.67 billion
Manufacturing: P30.40 billion
Water management: P16.28 billion (up 1,540 percent year-on-year)
Agriculture, forestry, and fishing at P10.47 billion
Wholesale and retail at P8.25 billion
Information technology and business process management at P7.26 billion
Filipino companies accounted for P1.06 trillion, a 254-percent surge from a year ago. Calabarzon led regional recipients with P623.19 billion, followed by Central Luzon and Western Visayas.
Foreign investors contributed the rest, with those from Switzerland leading with P289.06 billion, followed by investors from the Netherlands, Japan, and South Korea.
BOI-registered projects are entitled to incentives including income tax holidays and duty exemption on imported capital equipment, spare parts and accessories.
