Tag: BOI

The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

The government is setting a more ambitious investment agenda with the upcoming Strategic Investment Priority Plan (SIPP), targeting P4.5 trillion in investment approvals over the next three years as it seeks to accelerate industrialization and help the Board of Investments (BOI) achieve its P1-trillion approval goal for 2026.

The Board of Investments (BOI) is nearing the halfway mark of its P1-trillion investment approval target for 2026 after first-half approvals climbed 21 percent, signaling that policy reforms and a steady pipeline of renewable energy projects continue to attract capital despite global economic headwinds.

The government is sharpening its industrial policy for the cement sector, extending fiscal incentives to integrated cement projects while encouraging manufacturers to produce more clinker locally to reduce import dependence and strengthen the domestic supply chain.

The Board of Investments (BOI) is stepping up efforts to position the Philippines as a regional offshore wind hub, banking on a P1.185-trillion pipeline of projects to attract fresh investments, deepen the renewable energy supply chain and accelerate the country's shift toward cleaner power.