INAPRUBAHAN ng Board of Investments (BOI) ang mahigit sa trilyong piso na halaga ng investment commitments sa unang 7 buwan ng 2024.
Sa isang kalatas, nakakuha ang BOI ng P1.15 trillion na halaga ng investment pledges mula Enero hanggang Hulyo, tumaas ng 65% mula P699 billion sa kahalintulad na panahon noong nakaraang taon.
“it breached the trillion-peso mark after it approved projects in renewable energy and agribusiness, supported by investments from a US equity fund and a major food conglomerate, among others,” ayon sa BOI.
Kabilang dito ang P185-billion solar project na may battery energy storage, isang P1.2-billion manufacturing at processing facility para sa mga biscuits (biskuwit), P263 million na halaga ng solar rooftop projects, at isang P245-million activated carbon at charcoal production facility.
Inaprubahan din ng BOI ang P297-billion Pakil Pumped Storage Hydroelectric Power Project at P114.7-billion Guimaras Strait Offshore Wind Power Projects.
“Our target is clear: to hit and even surpass P1.6 trillion in approved investments this year. With the momentum we have built, we are confident in achieving and exceeding this goal, driving economic development,” ayon kay BOI managing head at Undersecretary for Industry Development and Trade Promotion Group Ceferino Rodolfo.
Tinukoy ni Rodolfo ang naging papel ni dating Trade Secretary at BOI chairman Alfredo Pascual sa pag tama sa ‘milestone’ ng ahensiya ‘as of July 2024.’
“This legacy of attracting strategic investments is a testament to Secretary Pascual’s push for economic development. We, at the BOI, are committed to continuing the vision of Secretary Pascual for industrialization and the development of innovation- and sustainability-driven industries here in the Philippines,” aniya pa rin.
“This milestone was facilitated by revised rules removing nationality restrictions on renewable energy investments,” ang sinabi ng ahensiya.
“Additionally, renewable energy projects are helping to reduce the high power consumption typically associated with manufacturing operations like cement production. This focus on sustainability and efficiency is also attracting a wave of foreign investment,” tinuran pa rin ng ahensiya.
Tinukoy pa rin ng BOI ang rehistrasyon ng high-profile projects ng mga kompanya ng gaya ng Optum (Cebu), Atento, Toyota Motor Philippines, at Macquarie Green Investment Group nagresulta mula sa proactive engagement kasama ang iba’t ibang investment promotion agencies.
Sinabi ng ahensiya na suportado rin ang proyekto ng Collins Aerospace, Dyson, at Nitori Holdings Co.
“Major developments include Hyundai Heavy Industries’ shipbuilding project with the Subic Bay Metropolitan Authority, Endec’s Hyperscaler Data Center, and Taehiyo Cement’s modernized Cebu facility,” ayon sa BOI.
“FedEx’s expansion at Clark, Pampanga, aims to transform the area into a premier logistics hub,” dagdag na sinabi ng BOI.
Samantala, sinabi ng BOI na ang paglago sa inaprubahang investments ay pinagana ng domestic investments na nagsusulong sa paglikha ng hanapbuhay at food security, kabilang na ang SteelAsia’s P92-billion investment sa steel mills at Mega Prime Foods’ facility sa Batangas.
“Moreover, the Wawa Dam project will supply over 710 million liters of water daily to Metro Manila and Rizal by 2025,” sinabi pa ng BOI. Kris Jose
