THE Board of Investments (BOI) is targeting to process at least P1.12 trillion in projects in the next two quarters of the year.
This includes 65 projects worth P290 billion currently on check-listing status, and three major undertakings — two renewable energy and one infrastructure — costing P832 billion in the pipeline and securing documents for registrations.
"We are now entering a crucial implementation phase where many of previously approved investments are being realized on the ground. At the same time, we are working hard to sustain momentum by pushing a new wave of projects toward registration, ensuring that today's pipeline becomes tomorrow's operational infrastructure [for] jobs and innovation," BOI chairman and Trade Secretary Cristina Roque said in a statement.
Checklisting is the initial phase of a project, with proponents submitting requirements to support their application. These applications undergo reviews by the BOI to assess their eligibility for registration.
Of the 65 projects for checklisting, 12 are Green Lane Strategic Investments valued at P116.81 billion.
Green Lane projects span a broad range of priority sectors such as renewable energy, IT-BPM, manufacturing, logistics, food security-related, mass housing and infrastructure.
Once approved, these projects are seen to create approximately 4,278 jobs.
BOI has ramped up its investment promotion efforts through the nationwide rollout of the Create More Roadshows launched in March. Upcoming editions include Cebu and Davao.
These events highlight the fiscal incentives and streamlined processes under the Create More Act.
In addition, the BOI recently hosted the Philippine Business Forum in Seoul, the first in a series of global missions aimed to draw high-value investments in digital infrastructure, renewable energy and next-generation sectors.