The Board of Investments (BOI) endorsed a total of ₱6.43 trillion worth of projects under the green lane program by the end of the first quarter of 2026, expediting the processing of permits for more than 240 projects, largely in the renewable energy (RE) sector.
In a statement on Tuesday, April 7, the BOI said it certified 244 projects with green lane status since the initiative was launched in February 2023.
Embodied under Executive Order (EO) No. 18, the certification allows projects to undergo expedited processing of permits and licenses, aiming to improve efficiency in the investment process.
Of the projects endorsed for the green lane, the RE sector accounted for the lion’s share, covering 77 percent or 189 projects totaling ₱5.52 trillion.
Public-private partnership (PPP), infrastructure, and the water sector ranked second, with investments amounting to ₱416.08 billion across five projects, closely followed by the digital infrastructure sector, with nine projects worth ₱401.69 billion.
Other sectors granted green lane status include manufacturing with ₱67.04 billion, food security with ₱19.68 billion, and the pharmaceutical sector with ₱45 million.
As of end-March 2026, all projects endorsed by the BOI are expected to generate 435,845 jobs.
In terms of funding sources, the investment promotion agency (IPA) said ₱1.86 trillion of the endorsed projects came from foreign investors, while local investors accounted for the bulk of approved investments.
Majority of the projects granted green lane status are in early stages of development, with 171 projects worth a total of ₱5.79 trillion still undergoing extensive permitting and coordination across government agencies.
A total of 46 projects worth ₱359.64 billion are now under construction, while eight projects with a combined value of ₱6.99 billion are in the pre-operational stage. At present, there are 19 projects worth ₱266.85 billion already in operation.
Since the bulk of these projects are in the RE sector, Trade Secretary Cristina Roque said their immediate implementation is critical, especially as the country is currently under a state of national energy emergency due to limited oil supply.
“Accelerating their implementation is important to help address energy supply requirements, stabilize costs, and support continued economic activity,” Roque said.
“This is why streamlining permitting and improving coordination across agencies remains a priority,” she added.
Within the first quarter, which covers the period of the ongoing Middle East conflict, the BOI certified a total of 12 projects worth ₱315.67 billion, the majority of which are in the RE sector.
For March alone, a total of five projects valued at ₱30.78 billion were endorsed, the largest of which is the ₱16.13-billion, 200-megawatt (MW) Ilosong wind power project in Calabarzon region.