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Manila Bulletin devider Business devider Trade & Industry devider BOI clears ₱6.3 trillion in projects to accelerate job growth

BOI clears ₱6.3 trillion in projects to accelerate job growth

Published Jun 8, 2026 12:00 am  |  Updated Jun 6, 2026 04:55 pm
The Board of Investments (BOI) has granted green lane status to ₱6.32 trillion worth of investments by the end of May, with the majority of the endorsed projects now undergoing pre-development following the expedited processing of permits.
Data from the BOI showed that a total of 237 projects have been endorsed under the green lane program since the initiative was launched in February 2023.
Under Executive Order (EO) No. 18, the green lane was established to accelerate the realization of strategic investments through faster processing of regulatory permits and licenses, and by cutting red tape.
At present, 22 projects with a combined value of ₱277.37 billion are already in operation.
The bulk or 86 percent of the endorsed investments are now in the pre-development stage, covering a total of 159 projects worth ₱5.47 trillion.
“This reflects strong investor interest and a robust pipeline of strategic projects expected to materialize in the coming years,” the BOI said.
Meanwhile, 47 projects with a total value of ₱377.44 billion are currently under construction, and nine projects worth ₱190.2 billion are in the pre-operation stage.
Combined, the BOI expects all of its endorsed projects to generate 420,037 jobs, down by nearly four percent from its initial estimate of 435,845 jobs in April.
The decline is attributed to the removal of 10 renewable energy (RE) projects worth ₱137.47 billion from the green lane pipeline following the surrender of their service contracts to the Department of Energy (DOE). The BOI’s total endorsed investments under the green lane previously stood at ₱6.43 trillion in the first quarter.
The RE sector accounted for the largest share or 76.79 percent of the certified investments by the end of May, with a total of 182 projects worth ₱5.41 trillion endorsed for green lane status.
There were five projects under public-private partnership (PPP), infrastructure, and water that were approved by the BOI, with investments estimated at ₱416.08 billion.
The investment promotion agency also cleared investments in nine projects valued at ₱401.69 billion in the digital infrastructure sector.
Other sectors granted green lane processing include manufacturing with ₱67.04 billion, food security with ₱19.68 billion, and the pharmaceutical sector with ₱45 million.
For the year, a total of 15 projects with a combined investment of ₱345.60 billion were certified by the BOI from January to May.
The endorsed projects in the first five months include 13 RE projects and two food security projects, which are expected to generate 38,818 jobs.
Notable approvals this year include large-scale wind and energy developments led by Airstream Renewables Corp., Viento Energy 1 Corp., and San Jose Onshore Wind Power Corp.

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Board of Investments (BOI) Green lane
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