The Board of Investments (BOI) approved 13 new projects this week, adding P26.43 billion to the country’s investment pipeline and bringing the 2025 total to P843.24 billion, Trade Secretary and BOI chair Cristina Roque said Friday.
The year-to-date total remains below the annual target of P1.75 trillion, a challenge the agency is working to overcome by accelerating project approvals.
The newly-approved projects, which have a combined cost of P26.43 billion, are expected to generate 2,632 jobs nationwide.
BOI managing head Ceferino Rodolfo said the total investments may rise further as several more projects are scheduled for review in next week’s ManCom meeting.
“We may also call for a special meeting after Christmas,” Rodolfo said, noting that this could improve the chances of meeting the agency’s 2025 investment target.
A significant portion of the new job growth will come from IT-BPM service export operations, which will open additional service delivery centers across key urban locations in Luzon.
The facilities, ranging from global HR solutions to remote staffing and business process services, are expected to create more than 2,300 quality jobs, strengthening the Philippines’ position as a competitive hub for global services.
The BOI ManCom also approved new mass housing developments worth nearly P1.8 billion, which will expand the supply of affordable homes and generate close to 200 jobs in construction and related sectors.
Renewable energy capacity will also benefit from the approval of large-scale solar and wind projects totaling over 320 megawatts in new generation.
Valued at more than P23 billion, the investments will advance the country’s clean energy transition and long-term energy security, in line with the Renewable Energy Act of 2008.
Rounding out the approvals is a manufacturing expansion in the food sector, which will support local agro-processing and create additional employment opportunities in production and logistics.
Despite the recent approvals, government data showed that approved investments by the BOI fell by 48.3 percent in the first eleven months of 2025, reaching P816.81 billion, compared with P1.58 trillion in the same period last year.
Roque said the country continues to attract substantial, high-value investments despite the year-on-year drop.
She said the DTI–BOI is accelerating project approvals in line with President Ferdinand Marcos Jr.’s directive to boost economic activity and create jobs.
She said the list of approved projects does not yet include several big-ticket investments previously announced, which are still undergoing rigorous evaluation.
