The Board of Investments (BOI) accounted for the largest share, with P942.9 billion in approved investments, up 22.3 percent from P770.7 billion a year earlier.
The Philippine Economic Zone Authority (PEZA) followed with P309.6 billion, a 76.6-percent increase from P175.4 billion.
The Bases Conversion and Development Authority (BCDA) recorded the fastest growth among the three agencies, with investment approvals jumping 142.5 percent to P145.46 billion from P59.96 billion.
Investor confidence
Trade and Industry Secretary Cristina Roque said the figures reflected continued investor interest in the Philippines as a destination for business expansion.
“Reaching P1.4 trillion in approved investments within nine months is a clear vote of confidence from the business community in the Philippines’ strong economic fundamentals and policy direction,” Roque said.
“Through our coordinated whole-of-government approach and with agencies like the BOI, PEZA, and BCDA actively unlocking strategic industries and modern economic zones, we are ensuring that investor optimism translates directly into resilient supply chains, thriving local enterprises, and quality jobs for Filipinos.”
Finance Secretary Frederick Go emphasized the potential economic benefits of the approved projects.
“These approvals are real gains, because every investment brings an entire ecosystem of employers, workers, suppliers, and service providers. Businesses will grow, wages will be paid, the government will earn revenues, and public services will be funded. It is a win for the investor, the workforce, and the nation,” Go said.
Renewable energy leads
Renewable energy dominated BOI's investment approvals, accounting for P745.1 billion, or 79 percent of the agency's nine-month total.
Real estate and housing followed with P54.1 billion, while transportation and storage accounted for P49.5 billion.
Accommodation and food services contributed P22.1 billion, followed by information and communications with P18.6 billion.
The figures underscore the significant role of energy investments in the country's project pipeline, alongside continuing capital commitments in infrastructure, property development and digital services.
BCDA investments
BCDA's P145.46-billion investment approvals were driven by manufacturing, renewable energy, hospitality and tourism projects across its development areas.
The projects are expected to generate approximately 8,998 jobs.
The largest commitment involved a P93.69-billion solar cell manufacturing facility at Filinvest Innovation Park in New Clark City.
Hospitality and tourism investments reached P1.78 billion, supported by projects in Camp John Hay in Baguio City and Bonifacio Global City in Taguig.
BCDA President and CEO Joshua Bingcang said the investments demonstrated growing interest in the agency's economic zones.
“This milestone shows that global and local investors continue to acknowledge the long-term potential of our economic corridors—from clean energy manufacturing in New Clark City to tourism and commercial growth in Baguio and Taguig,” Bingcang said.
“We remain focused on preparing our economic zones for high-impact capital by delivering world-class infrastructure and a supportive business climate to ensure that private sector growth directly strengthens local industries and uplifts Filipino communities.”
Infrastructure support
Among the companies that signed investment agreements during the period were Ayala-led Station Square East Commercial Corp., Stern Real Estate and Development Corp., Anrey Inc., Zoo and Theme Parks Services Inc. and Grace Farm Nature and Resort Corp.
BCDA and its partners are also pursuing infrastructure projects supporting the Luzon Economic Corridor, including improvements in transportation connectivity and logistics networks linking Central Luzon with Metro Manila and international markets.
The investment agencies said their efforts remain aligned with President Ferdinand Marcos Jr.'s Build Better More infrastructure program and reforms aimed at improving the business environment.
The P1.4-trillion total represents approved investment commitments rather than capital already deployed. Actual economic benefits will depend on project implementation, including construction, business operations and job creation. —Ed: Corrie S. Narisma
