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Manila Bulletin devider Business devider Trade & Industry devider BOI fast-tracks ₱351 billion in capital pledges for green lane processing

BOI fast-tracks ₱351 billion in capital pledges for green lane processing

Published Jul 15, 2026 12:00 am  |  Updated Jul 14, 2026 01:52 pm
The Board of Investments (BOI) has certified ₱351.02 billion worth of investments under its green lane program in the first half of the year, as investors seek expedited permit processing to speed up project execution.
In a statement, the BOI said the approved investments cover 17 projects that are expected to generate nearly 40,000 jobs.
Implemented through Executive Order (EO) No. 18, the green lane initiative accelerates the development of strategic investments in the country by streamlining the processing of permits and licenses and eliminating bureaucratic red tape.
From January to June, the renewable energy (RE) sector secured the lion’s share of approvals, accounting for 99.53 percent of the total. This covers 14 RE projects worth a combined ₱349.38 billion.
Among the most notable RE projects certified for green lane processing are Aragorn Power and Energy Corp.’s 50-megawatt Southwest Kalinga Geothermal Power Project and Cauayan Philippines Renewable Corp.’s ₱4.76 billion wind energy project.
Meanwhile, the BOI approved two projects under the food security sector with a combined value of ₱980 million, which are expected to create 102 jobs. Also certified was the ₱670-million industrial zone project of Una Grande Tierra Development Corp. in Pampanga, aimed at supporting local and regional value chains.
Trade Secretary and BOI Chair Cristina Roque said the strong pipeline of investments under the green lane initiative reflects robust investor confidence in the country, especially as the government continues to improve the ease of doing business.
“The green lane is proving to be a vital mechanism for advancing strategic investments that support economic growth, job creation, and sustainable development," Roque said.
Since the green lane program was launched in February 2023, the BOI has approved a total of 239 projects with an aggregate value of ₱6.32 trillion. These projects—which span RE, digital infrastructure, public-private partnerships, infrastructure and water, food security, manufacturing, and pharmaceuticals—are expected to generate around 421,000 jobs.
The RE sector accounted for the largest share of certified projects by value, covering 183 projects worth a total of ₱5.42 trillion, or 86 percent of the overall project cost.
BOI Investments Assistance Service (IAS) Director Ernesto Delos Reyes Jr. said the expedited processing of permits and clearances through the green lane has enabled companies to move more efficiently from pre-development to construction. He added that this is helping develop industries that will position the Philippine economy toward a more sustainable and resilient future.
“Rest assured that the BOl remains committed to facilitating these investments and ensuring that strategic projects move forward efficiently," Delos Reyes said.

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