RE tops BoI’s investment providers
APPARENT pleasure is painted in the faces of (from left) former Bases Conversion and Development Authority president and CEO Joshua Bingcang who now heads the Philippine Economic Zone Authority, Department of Finance Secretary Frederick D. Go, Department of Trade and Industry Secretary Cristina Roque who concurrently serves as Board of Investment chairperson, and DTI Undersecretary and BoI managing head Ceferino Rodolfo, for the total amount of investments — P1.40 trillion — facilitated by the top three investment promotion agencies over the first nine months of 2026.
Photograph courtesy of DTI
Investments in renewable energy (RE) topped the country’s total investments in the first nine months of the year, according to investment czar and Finance Secretary Frederick Go.
In its recent tally, total approved Philippine investments facilitated by the top three investment promotion agencies (IPAs) — Board of Investments (BoI), Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA) — climbed 39 percent to P1.40 trillion in the first nine months of 2026.
Lion’s share of approved projects
At the top of the BoI’s nine-month performance is the renewable energy (RE) sector, which accounted for the lion’s share of approved projects at P745.10 billion, or 79 percent of the agency’s total inflows.
Real estate and housing ranked second with P54.10 billion (5.7 percent share), followed closely by transportation and storage at P49.50 billion (5.3 percent share).
Other key contributors included accommodation and food service activities at P22.10 billion (2.3 percent share), and information and communications at P18.60 billion (2.0 percent share), reflecting broad-based expansion across critical infrastructure and digital sectors.
BoI leads IPAs
The BoI led the charge for most numbers of investment facilitated and approved, recording P942.90 billion in fresh capital inflows, up 22.3 percent from P770.70 billion in the same period last year.
This was followed by PEZA, which contributed P309.60 billion, marking a 76.6 percent increase from the previous year’s P175.40 billion.
Completing the top three is the BCDA, which posted the fastest year-on-year growth rate among the leading agencies, with approved investments surging by 142.5 percent to P145.46 billion from P59.96 billion in 2025.
Trade Secretary Cristina Roque said the combined performance of the country’s investment agencies demonstrates that global and local businesses continue to view the Philippines as a prime, competitive hub for high-value expansion.
Vote of confidence
“Reaching P1.4 trillion in approved investments within nine months is a clear vote of confidence from the business community in the Philippines’ strong economic fundamentals and policy direction,” Secretary Roque said.
“Through our coordinated whole-of-government approach and with agencies like the BoI, PEZA, and BCDA actively unlocking strategic industries and modern economic zones, we are ensuring that investor optimism translates directly into resilient supply chains, thriving local enterprises, and quality jobs for Filipinos,” she said.
For his part, Go highlighted the broader economic benefits of rising investment approvals, emphasizing their potential to generate jobs, expand business opportunities, and strengthen government revenues.
Investment approvals are real gains
“These approvals are real gains, because every investment brings an entire ecosystem of employers, workers, suppliers, and service providers,” stressed the Finance secretary. “Businesses will grow, wages will be paid, the government will earn revenues, and public services will be funded. It is a win for the investor, the workforce and the nation.”