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Manila Bulletin devider Business devider Trade & Industry devider BOI certifies 222 projects worth ₱5.7 trillion under green lane initiative

BOI certifies 222 projects worth ₱5.7 trillion under green lane initiative

Published Jul 1, 2025 10:33 pm
Filinvest and ENGIE engineers inspect the newly completed 3-megawatt-peak (MWp) solar rooftop system at Nexperia Philippines’ facility in Cabuyao, Laguna.
Filinvest and ENGIE engineers inspect the newly completed 3-megawatt-peak (MWp) solar rooftop system at Nexperia Philippines’ facility in Cabuyao, Laguna.
The Board of Investments (BOI) has endorsed ₱5.75 trillion worth of projects under the green lane status by the end of June, with the bulk of the investments directed to the renewable energy (RE) sector.
Data from the BOI showed that 222 projects have been certified to go through the green lane process since it was first introduced in 2023.
These projects have an estimated employment generation of 319,355.
Embodied under Executive Order (EO) No. 18, the green lane program seeks to expedite, streamline, and automate the processing of permits and licenses for strategic investments.
Specifically, these investments cover “highly desirable” projects, foreign direct investments, projects under the strategic investment priority plan (SIPP), and projects that are found to be promoting innovation.
The initiative is aligned with the Marcos administration’s goal of expediting transactions with the government to ensure the ease of doing business, attracting local and foreign companies to invest.
Since the scheme was first rolled out, the RE sector remains to have the biggest share in potential investments, comprising nearly 80 percent of the total number of endorsed projects.
By end-June, the BOI has endorsed 176 RE projects worth ₱5.30 trillion for green lane processing. It is seen to have the potential to create 283,780 jobs.
Despite only consisting of nine projects, data showed that digital infrastructure and public-private partnership (PPP) are the second most valuable sector for the government.
The BOI said the nine projects are worth ₱364 billion, which are poised to create more than 20,000 jobs.
In the food security sector, 31 projects gained green lane status from the agency. With a value of ₱18.7 billion, it is expected to foster 7,319 jobs.
Also certified are six projects in the manufacturing sector with a combined value of ₱66.96 billion, while creating 7,733 jobs.
In total, these endorsed projects are set to attract ₱1.67 trillion in foreign investments.
From January to June of this year, the BOI has certified 46 projects for green lane services, with a combined worth of ₱1.21 trillion.
Taking into consideration June alone, 11 projects were endorsed, which are valued at ₱509.22 billion. All of these projects are under the RE sector.
Last month, the most valuable project is the Maton pumped storage hydroelectric power project in Apayao, which will have a capacity of 2,000 megawatts. The project is worth ₱457 billion.

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Board of Investments (BOI) Green lane renewable energy (RE)
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