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Louella Desiderio - The Philippine Star
June 10, 2026 | 12:00am
Data from the BOI showed that the 15 projects endorsed for the green lane initiative are expected to create 38,818 jobs.
Philstar.com / File
MANILA, Philippines — The Board of Investments (BOI) has certified P346 billion worth of investments in the first five months to benefit from expedited permit processing under the green lane initiative.
Data from the BOI showed that the 15 projects endorsed for the green lane initiative are expected to create 38,818 jobs.
The green lane initiative was created under Executive Order 18 to facilitate the faster implementation of strategic investments through streamlined approval of permits.
Of the total certified projects, the bulk or 13 are in renewable energy (RE), with total investments amounting to P344.62 billion.
These RE projects are estimated to generate 38,716 jobs.
The two remaining projects involve food security and have a combined value of P980 million.
These projects are projected to provide 102 jobs.
Since the green lane initiative started in February 2023, the BOI has certified a total of 237 projects with a total cost of P6.32 trillion. These projects are expected to generate 420,037 jobs.
The BOI said that 10 RE projects with a total cost of P137.47 billion “were removed following the surrender of their service contracts to the Department of Energy.”
RE had the largest share of certified projects from February 2023 until May this year, with 182 projects amounting to P5.41 trillion.
The digital infrastructure sector accounted for nine projects with investments of P401.69 billion.
Meanwhile, the public private partnership, infrastructure and water sector accounted for five projects with a combined investment of P416.08 billion.
The tally included 33 food security projects amounting to P19.68 billion.
Also included were seven manufacturing projects amounting to P67.04 billion and a pharmaceutical project worth P45 million.
In terms of project status, 22 projects worth P277.37 billion are now operational.
Meanwhile, 159 projects valued at P5.47 trillion are in the pre-development stage, 47 projects worth P377.44 billion are under construction and nine projects amounting to P190.20 billion are in pre-operation.
