BOI-PEZA approved investments in January 2018 amounted to PhP65.31 billion, which is 242.9% higher than the PhP19.05 billion approved investments during the same month last year. Of the total amount, 78.6% (or PhP51.30 billion) was approved by BOI, while 21.5% (or PhP14.01 billion) was from PEZA.
The biggest share was committed to electricity, gas, steam & airconditioning supply at PhP27.44 billion (or 42.0%). This is higher by 6,587.1% compared to its level last year. Real estate activities came in second with PhP17.75 billion (or 27.2%), followed by water supply, sewerage, waste management with PhP13.87 billion (or 21.2%), transportation and storage with PhP2.59 billion (or 4.0%), and manufacturing with PhP2.24 billion (or 3.4%).
Japan was the biggest country source of the BOI-PEZA approved foreign investments, with PhP1.77 billion (or 44.6%), which is 669.6% higher than its PhP0.23 billion investment commitment last year. United Kingdom came in next with PhP1.45 billion, followed by The Netherlands with PhP0.28 billion, Cayman Islands with PhP0.16 billion, and South Korea with PhP0.15 billion.