Canadian institutional investor British Columbia Investment Management Corp. (BCI) is exploring a bigger investment footprint in the Philippines, expanding its focus beyond telecommunications infrastructure as it seeks opportunities in sectors poised for long-term growth.
During a meeting with Department of Trade and Industry Secretary Cris A. Roque and Finance Secretary Frederick D. Go, BCI executives expressed interest in infrastructure, energy, logistics, and other high-growth industries, citing the country’s improving investment climate and reform momentum.
“The Philippines continues to offer compelling investment opportunities across strategic industries. We welcome BCI’s interest in expanding its investments, which reflects growing confidence in the country’s economic fundamentals and reform-driven investment environment,” Roque said.
BCI already has a foothold in the country through its minority investment in Pinnacle Towers, acquired from global investment firm KKR in June 2025. KKR remains the majority shareholder of the company, now the Philippines’ largest independent telecommunications tower operator with about 7,000 towers nationwide.
Founded in 2020, Pinnacle Towers has expanded rapidly by building new telecommunications towers, acquiring sale-and-leaseback assets from major mobile network operators, and providing infrastructure management services to support the country’s rising demand for digital connectivity.
BCI’s broader investment interest comes as the Marcos administration intensifies efforts to attract more long-term institutional capital into sectors critical to economic expansion. Beyond digital infrastructure, the government is positioning energy, transport, logistics, and other strategic industries as key investment destinations to strengthen supply chains, improve connectivity, and support industrial growth.
For BCI, the Philippines offers an opportunity to diversify its local portfolio while riding the country’s infrastructure buildout and expanding economy. For the government, the Canadian investor’s growing appetite signals increasing confidence among global institutional funds in the Philippines’ long-term growth story and its continuing drive to create a more competitive, investment-friendly economy.
