DTI–BOI endorses PHP 124.81B in new projects

The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has endorsed 29 new investment projects worth PHP 124.81 billion (USD 2.24 billion), expected to create 4,444 jobs across the Philippines.

DTI Secretary and BOI Chairperson Cristina Roque announced the endorsements last week, noting that the projects are pending confirmation by the BOI Board.

These approvals bring the BOI’s total endorsed investments for 2025 to PHP 977 billion (USD 17.55 billion).

The investments span key sectors such as renewable energy, infrastructure, transport and logistics, information technology and business process management (IT-BPM) services, housing, manufacturing, and tourism—highlighting the Philippines’ growing appeal as a hub for sustainable and smart investments.

A major portion of the total investment value will go to large-scale clean energy projects, including wind, solar, waste-to-energy, and battery energy storage systems.

These initiatives, set across Luzon and the Visayas, aim to boost power supply while contributing to national goals on energy security and climate resilience.

Transport and connectivity projects were also endorsed, including the acquisition of new-generation aircraft for both domestic and international routes, as well as maritime transport assets.

These are expected to improve inter-island travel, strengthen logistics networks, and support the recovery of the travel and tourism sectors.

In the IT-BPM and digital services sector, projects in Metro Manila, Central Luzon, the Cordilleras, and Cebu are projected to provide the majority of new employment opportunities.

These jobs will span customer support, technical services, remote staffing, and managed services—further cementing the Philippines’ role as a key global outsourcing destination.

Housing and real estate developments across various regions are included in the endorsed projects, aimed at expanding access to affordable housing and creating jobs in construction and related industries.

New leisure and recreation facilities are also expected to drive local economic activity and enhance community development.

“The steady flow of investments endorsed by the BOI shows that we remain fully engaged in creating jobs and sustaining economic momentum. We are working relentlessly to ensure that investments translate into opportunities for Filipino workers and communities,” Roque said.

Roque added that the BOI continues to evaluate multiple high-value investment proposals still in the pipeline.

These projects are undergoing due diligence and are expected to push the country’s investment figures even higher as the year concludes and 2026 begins.

The DTI–BOI reaffirmed its commitment to ensuring that investment pledges generate tangible impact, such as job creation, industrial growth, and broader economic opportunities.

Through ongoing reforms and proactive investment facilitation, the agency remains focused on “Making It Happen in the Philippines.”