BOI-PEZA approved investments in January-September 2017 amounted to PhP577.63 billion, which is 49.0% higher than the PhP387.67 billion approved during the same period last year. Of the total amount, 66.0% (or PhP381.17 billion) was approved by BOI, while 34.0% (or PhP196.46 billion) was from PEZA.
The biggest share is committed to real estate activities at PhP197.79 billion (or 34.2%). This is higher by 101.1% from its share in the same period last year. Electricity, gas, steam & air conditioning supply came in second with PhP128.84 billion (or 22.3%), followed by construction with PhP127.66 billion (or 22.1%), manufacturing with PhP81.57 billion (or 14.1%), and transportation and storage with PhP13.5 billion (or 2.3%).
Japan was the biggest country source of the BOI-PEZA approved foreign investments, with PhP26.79 billion (or 33.5%), which is 104.1% higher than its PhP13.12 billion investment commitment in the same period last year. Taiwan came in next with PhP9.60 billion, followed Singapore with PhP8.29 billion, Netherlands with PhP8.21 billion, and USA with PhP5.22 billion.