Investments processed under the government’s Green Lane program have reached P5.23 trillion since the initiative was created under Executive Order (EO) 18 in February 2023, the Board of Investments’ Investment Assistance Service (IAS) said on Thursday.
Of the total investment amount, P203.64 billion, or 40 percent, has became operational, with the bulk, at P4.67 trillion, still in the pre-development stage, the BOI said in a report.
As of May 31, 2025, Green Lane investments represented 210 projects, 12 of which were operational.
Under EO 18, Green Lane allows the simultaneous processing of applications for permits and licenses required by national government agencies and LGUs for strategic investments or those that are aligned with the Philippine Development Plan or any similar national development plans that have a significant capital or investment in the country.
Investments in construction amounted to P360.42 billion — 36 projects, while those that are under the pre-operation stage are valued at P2.24 billion — three projects.
IAS director Ernesto Delos Reyes said in a text message on Thursday that through Green Lane, strategic projects can obtain clearances in as short a period as 18 months, provided the submitted documents are complete.
One of the requirements is due diligence on the part of the proponent regarding the project.
Delos Reyes stated that during pre-development, a proponent must secure major clearances to conduct feasibility studies on the project site.
Delos Reyes cited the experience of IAS in renewable energy (RE), which made up the majority of Green Lane projects, worth P4.78 trillion at 164.
For RE, he said, the pre-development phase can take anywhere from three to five years to get the clearances.
“The main issue is the letter of support proponents need from local government units (LGUs) and some government agencies to conduct a study on whether the location is feasible for wind or solar. So there is a possibility the project may not proceed during the pre-development stage if it is found to be not feasible,” Delos Reyes said.
He said that during pre-development, the proponent will also have to negotiate with the private entity and/or indigenous people residing in or near the proposed location.
Delos Reyes said the development stage begins with a groundbreaking, all the way through to construction, which can take three to five years, depending on the project’s magnitude.
Testing and pre-operation could take one to two years before full commercial operation.
Of the 12 operational projects, four are in RE, valued at P14.7 billion; two are in digital infrastructure, at P186.07 billion; and six are in food security, at P2.86 billion.
IAS declined to identify these projects.
