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Manila Bulletin devider Business devider Trade & Industry devider BOI approves ₱340 billion in 'green lane' investments to boost clean energy shift

BOI approves ₱340 billion in 'green lane' investments to boost clean energy shift

Published Jun 4, 2026 12:58 pm  |  Updated Jun 4, 2026 01:09 pm
The Board of Investments (BOI) has certified ₱340.07 billion worth of investments under the green lane program for the first four months of the year, fueled by the growing appeal of the country as a renewable energy (RE) hub.
In a statement, the BOI said these investments are from 14 proposed projects that were endorsed for green lane processing and are expected to generate 37,828 jobs.
Established under Executive Order (EO) No. 18, the green lane streamlines the approval process for high-impact projects to accelerate the realization of investments.
The BOI said the RE sector accounted for 85.7 percent of the investment pipeline this year, with 12 projects amounting to ₱339.09 billion.
These projects are in wind, solar, and hydropower developments.
The remaining two projects are from the food security sector, with Charoen Pokphand Foods Philippines Corp. investing ₱980 million to build livestock facilities in Cavite and Isabela.
“These figures reflect strong investor confidence in doing business in the Philippines, supported by the ease of doing business under the green lane Initiative,” said Trade Secretary Cristina Roque.
Roque, who chairs the BOI, said the entry of these investments is a clear sign to both local and foreign investors that the country is more than ready for strategic investments aimed at boosting the economy.
She said the Philippines is positioning itself as a regional hub not only for RE but also for smart and sustainable manufacturing and services to attract capital-intensive projects.
Since the green lane initiative was launched in February 2023, the BOI has now endorsed a total of 237 projects, equivalent to ₱6.32 trillion worth of investments.
This is a drop of nearly two percent from the initial amount of ₱6.43 trillion that the BOI earlier reported for the first quarter.
Based on BOI data, the decline comes from the removal of seven RE projects with an estimated investment value of more than ₱100 billion.
By the end of April, the BOI had certified 182 projects with investments of ₱5.42 trillion, or 85.8 percent of the total pipeline.
Other endorsed projects involve sectors such as digital infrastructure, public-private partnerships, infrastructure and water, food security, manufacturing, and pharmaceuticals.
BOI Investments Assistance Center Executive Director Bobby Fondevilla said the green lane program is helping the country sustain a robust pipeline of investments.
“The green lane initiative is driving a strong pipeline of strategic investments, with certified projects largely anchored in renewable energy to support sustainable and inclusive economic growth,” he said.

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