BOI-approved investments hit P3.54 trillion

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May 31, 2025 | 12:00am

MANILA, Philippines — The Board of Investments (BOI) has approved over P3.5 trillion worth of investments under the Marcos administration.

In a statement yesterday, the BOI said investments approved by the agency reached P3.54 trillion from July 2022 to April 2025. 

The total investments include record-breaking annual figures of P1.26 trillion in 2023 and P1.62 trillion in 2024. 

Last year’s approved investments were the highest ever in the BOI’s 57-year history, driven largely by renewable energy projects. 

The total approved investments are expected to generate 147,304 jobs.

“These record-breaking figures are a testament to the Philippines’ sound investment policies and enduring appeal as a regional hub. But even more importantly, they reflect the strong leadership and clear directive of President   Marcos to build a strong, innovation-driven economy anchored on high-quality investments that generate jobs, enhance infrastructure and elevate our global competitiveness,” Trade Secretary Cristina Roque said. 

While investment approvals in 2025 have seen a slowdown, the BOI said this was expected and a reflection of the natural cycle of investment activity. 

External factors such as global financial conditions and heightened geopolitical uncertainty have led investors to adopt a more cautious approach. 

 “It is important to understand the nature of strategic investments. Projects such as offshore wind farms, logistics corridors and energy infrastructure are large-scale undertakings that involve detailed planning, permitting and construction phases. These do not translate into immediate FDI (foreign direct investment) inflows, but they are critical to long-term growth and competitiveness,” Roque said. 

The BOI said the majority of the approved large-scale projects have now entered their implementation phase. 

As part of efforts to attract investments and promote the CREATE MORE Act, which seeks to enhance the country’s incentives system, the BOI started its roadshows in March in Makati   and recently made a stop in South Korea. 

The BOI is also finalizing the 2025 Strategic Investment Priority Plan that will guide investment priorities over the coming years. 

The government also continues to implement Executive Order 18, which created the green lanes designed to streamline and expedite permit and license applications, to ensure faster implementation of priority projects. 

As of May 27, the BOI has granted green lane certification to 208 projects with P5.2 trillion worth of investments. 

Of the certified green lane investments, the bulk or 78 percent are in renewable energy.