BOI approves P26.4B in new investments
The Board of Investments (BOI) has approved an additional P26.43 billion in investments, with 13 new projects receiving the green light, boosting the agency’s year-to-date tally with weeks remaining in 2025.
These projects are expected to generate 2,632 jobs nationwide and are spread across key sectors, such as information technology and business process management (IT-BPM), housing development, renewable energy and manufacturing expansion.
Renewable energy projects accounted for the bulk of the new investments, with more than P23 billion worth of large-scale solar and wind power projects set to add more than 320 megawatts of generation capacity.
The BOI also approved new IT-BPM service export operations, with additional service delivery facilities planned across key urban areas in Luzon. These range from global human resources solutions to remote staffing and business process services, and are projected to create about 2,300 jobs.
Mass housing projects, meanwhile, accounted for nearly P1.8 billion and roughly 200 jobs in construction and other related industries.
Rounding out the list is a manufacturing expansion in the food sector, aimed at strengthening local agro-processing and creating additional jobs in production and logistics.
“Our work at the DTI (Department of Trade and Industry)-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.”
2025 target
On Dec. 8, the BOI announced that it has approved P816.81 billion in investments across 261 projects so far this year.
But even with the P26.43 billion in newly approved investments, the agency is still P156.76 billion short of meeting its trillion-peso target for 2025.
Roque said the BOI had yet to finalize several big-ticket proposals, previously estimated at more than P1 trillion across 10 major projects, as “these are still undergoing rigorous evaluation and due diligence.”
