The Board of Investments (BOI) has approved P977 billion worth of investment projects year to date, signaling robust investor confidence and reinforcing the Philippines’ push to become a regional hub for smart and sustainable investments.
In its latest board meeting last week, the BOI cleared 29 projects with a combined value of P124.81 billion. These investments are projected to generate 4,444 jobs nationwide, subject to confirmation by the BOI Board, adding fresh momentum as the year nears its close.
Approved investments span a wide range of priority sectors, including renewable energy, infrastructure, transport and logistics, information technology–business process management (IT-BPM), housing, manufacturing, and tourism-related developments.
The diversity of projects points to broad-based economic activity and sustained private sector appetite across multiple regions.
Clean energy accounts for a substantial portion of the total approvals. Large-scale wind, solar, waste-to-energy, and battery energy storage projects across Luzon and the Visayas are expected to strengthen power supply while supporting national goals on energy security, sustainability, and climate resilience.
Transport and connectivity projects also featured prominently. These include investments in new-generation aircraft for domestic and international routes, as well as maritime transport assets aimed at improving inter-island mobility. The BOI said these projects will support trade, tourism, and the ongoing recovery of the transport sector.
Meanwhile, IT-BPM and digital services investments in Metro Manila, Central Luzon, the Cordillera region, and Cebu are expected to generate the bulk of employment. These projects will create thousands of jobs in customer support, technical services, remote staffing, and managed services, further cementing the Philippines’ position as a leading global services hub.
Complementing these are housing, real estate, leisure, and recreation projects that will expand access to affordable housing while stimulating local economies.
Despite approvals already nearing the trillion-peso mark, the BOI said several high-value projects remain in the pipeline, which could further lift total investments toward yearend and into the next year.
