The Board of Investments (BOI) has cleared P26.43 billion worth of fresh investments, giving the government’s industry roadmap a solid boost as it pushes for growth across services, manufacturing, housing, and clean energy.
A total 13 new projects passed the BOI Management Committee’s screening this week, collectively expected to generate 2,632 new jobs nationwide.
A dominant share of this employment windfall will come from the information technology–business process management (IT-BPM) sector, which continues to anchor the Philippines’ global services footprint.
Newly-approved service export operations will establish additional delivery centers across key urban hubs in Luzon, catering to global HR solutions, remote staffing, and specialized business process services. The IT-BPM projects alone are forecast to create over 2,300 quality jobs, reinforcing the industry’s position as a top source of employment and export revenue.
Beyond services, the housing sector is set for expansion with P1.8 billion in fresh mass-housing developments. These projects aim to widen access to affordable homes for Filipino families while generating nearly 200 jobs in construction and allied activities—providing a lift to local communities and small contractors.
Clean energy also emerges as a major investment magnet. The ManCom approved large-scale solar and wind power projects that will add more than 320 megawatts of new generation capacity nationwide. Worth over P23 billion, these renewable ventures align with the government’s targets under the Renewable Energy Act of 2008 and are expected to advance the country’s long-term energy security.
Rounding out the newly endorsed investments is a manufacturing expansion in the food sector, designed to support local agro-processing and open additional opportunities in production and logistics.
All approved projects will now proceed to the BOI Board for final confirmation, marking another step forward in bolstering the country’s investment pipeline.
