BOI approves 13 projects worth P26.4B
Bulk of the new investments are in renewable energy. Photo from the Energy Regulatory Commission
  • The Board of Investments approved this week 13 new investment projects worth P26.43 billion and seen to generate 2,632 jobs nationwide
  • Bulk of the new investments are in renewable energy
  • Others are in IT-BPM, mass housing, and manufacturing expansion
  • The approved projects do not yet include several big-ticket investments previously announced, as these are still undergoing rigorous evaluation and due diligence

The Board of Investments (BOI) approved this week 13 new investment projects worth P26.43 billion and seen to generate 2,632 jobs nationwide.

The new projects, given the green light during the BOI Management Committee’s (ManCom) meeting, are in various industries, including renewable energy, information technology-business process management (IT-BPM), mass housing developments, and manufacturing expansion.

A big chunk of the new investments are going into large-scale solar and wind power projects, totaling over 320 megawatts in new generation capacity. These investments, amounting to more than P23 billion, will contribute to the Philippines’ clean energy transition and long-term energy security, in line with the Renewable Energy Act of 2008, according to a press release from the Department of Trade and Industry (DTI).

The ManCom also approved new mass housing developments, representing nearly P1.8 billion in combined investments and projected to generate close to 200 jobs in construction and related industries.

A substantial share of the new jobs also comes from newly registered IT-BPM service export operations, which will open additional service delivery centers across key urban locations in Luzon, DTI said. These facilities, ranging from global HR solutions to remote staffing and business process services, are expected to create more than 2,300 quality jobs.

A new manufacturing expansion in the food sector, which will support local agro-processing and generate more employment opportunities in production and logistics, was also approved.

“Our work at the DTI-BOI ensures that investments deliver concrete benefits — new service centers, affordable homes, clean energy, and expanded manufacturing,” Trade Secretary Cristina Roque said.

“Each project creates jobs, opens opportunities, and strengthens the economy, demonstrating that growth can be inclusive and sustainable,” she said.

The approved projects do not yet include several big-ticket investments previously announced, as these are still undergoing rigorous evaluation and due diligence, Roque noted.

These major projects, once endorsed by BOI, are expected to provide an even stronger boost to the country’s investment performance.

Earlier, DTI said BOI is still assessing 10 more big-ticket, strategic projects worth over P1 trillion.

READ: BOI-approved investments plunge 48% in Jan-Nov 2025

From January to November 2025, BOI approved P816.billion worth of investments, down 48% from the P1.58 trillion recorded in the same period last year. — Roumina Pablo

 

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