BOI-PEZA approved investments in Jan-Jul 2018 amounted to P313.31 B, which is 26.7% lower than the P427.52 B approved investments during the same period last year. Of the total amount, 80.5% (or P252.32 B) was approved by BOI, while 19.5% (or P60.99 B) was from PEZA.
The biggest share was committed to electricity, gas, steam & airconditioning supply at P118.10 B (or 37.7%). This is higher by 85.9% compared to its level last year. Real estate activities came in second with P50.12 B (or 16.0%), followed by the manufacturing sector with P40.36 B (or 12.9%), transportation and storage with P38.50 B (or 12.3%), and construction/PPP projects with P32.86 B (or 10.5%).
Japan was the biggest country source of the BOI-PEZA approved foreign investments, with P13.92 B (or 30.7%), which is 46.0% higher than its P9.54 B investment commitment in Jan-Jul last year. Indonesia came in next with P6.44 B, followed by USA with P4.64 B, Malaysia with P3.567 B, and Singapore with P2.31 B.