3-year pledged projects top P4T

An estimated $76 billion or more than P4 trillion in foreign investment pledges has been generated from the various investment missions in the past three years, the Department of Trade and Industry (DTI) reported.

In a statement, the DTI disclosed the amount came from 247 investment leads and pledges received from September 2022 to January 2025 due to the efforts of DTI’s Foreign Trade Service Corps (DTI-FTSC), as part of the DTI’s global investment and trade promotion strategy to position the country as a top destination for global investors.

The report stated that 51 projects of the 247 total investment leads are in the advanced stages: with 28 companies either registering with the Securities and Exchange Commission or working closely with investment promotion agencies.

Proposed new projects came from various businesses from Japan, Indonesia, Singapore, the United States, The Netherlands, Australia and Germany.

The proposals span key industries, including manufacturing, information technology and business process management, renewable energy, data centers, retail, agriculture and telecommunications.

The DTI stressed that the effort aligns with President Ferdinand Marcos Jr.’s economic agenda, which prioritizes attracting high-value foreign investments and strengthening the country’s position in global trade.

Driving economic growth, the DTI-FTSC plays a key role in converting investment leads from high-level trade and economic missions and engagements into job-creating projects.

Furthermore, the agency facilitated business entry and is transforming commitments into concrete economic benefits.

Beyond investment facilitation, the DTI-FTSC continues to expand global trade opportunities for Philippine businesses.

Nearly 2K exporters aided

In 2024, its network of Philippine Trade and Investment Centers assisted over 1,900 exporters, helping local companies and micro, small and medium enterprises to access new markets and secure international buyers.

The DTI-FTSC also engaged 2,600 potential foreign investors, providing market intelligence, business-matching services and direct facilitation support to drive high-value investments into the country.

It also holds a pivotal position in advancing the country’s trade interests on the global stage.

The agency has been actively engaged in bilateral, regional and multilateral trade negotiations to shape trade rules on key issues such as e-commerce, investment facilitation and supply chain resilience.

By participating in regional integration efforts, the DTI-FTSC strengthens and secures industry supply chains while exploring new economic cooperation opportunities worldwide.

“The success of ‘Bagong Pilipinas’ is a shared mission. This is our commitment to the world — we are open for business, ready to welcome high-value investments, and drive innovation. Together, we are creating opportunities that uplift our people and propel the Philippine economy toward sustained growth,” Roque said during the event.