The Board of Investments (BOI) said it has aproved a cumulative P5.17 trillion in proposed investments from February 2023 to April 2025 as a result of what it called faster processing of requirements through the “Green Lanes.”
Ernesto delos Reyes, director of the One-Stop Action Center for Strategic Investments, on Wednesday said the cumulative amount represented investments since the Green Lanes system took effect in February 2023.
Delos Reyes said 203 projects have moved forward through the Green Lanes. Once operational, those projects are expected to create 301,591 jobs.
“If all the projects listed can effectively meet their business requirements based on the firm’s time frame, they have the potential to attract more significant investment, particularly in the supply chain. This could foster a surge of trust and confidence among investors,” Delos Reyes said.
In a report, the BOI said of the 203 projects, 154 are in pre-development stage, 36 are under construction and three are in pre-operation stage.
Delos Reyes said P1.35 trillion of the P5.17 trillion represents foreign investments.
Of the 203 projects, 150 are in renewable energy with a project cost of P4.75 trillion, or 92 percent of the P5.17 trillion Green Lane investments processed.
These projects alone will create 269,751 jobs, the report said.
The rest of the investments are in digital infrastructure, nine projects worth P364.9 billion; food security, 31 projects valued at P18.7 billion; and manufacturing, four projects worth P36.9 billion.
In a separate report, the BOI said between January and April 2025 alone, 26 projects valued at P631 billion were processed through the Green Lane.
Delos Reyes noted the importance of efficient investment facilitation under the Green Lanes system, which was established under Executive Order (EO) No. 18 signed by President Marcos Jr. on Feb. 23, 2023.
The EO orders the streamlining of processes for strategic investments, or those which are aligned with the Philippine Development Plan.
