BOI-PEZA approved investments in Jan 2019 amounted to PhP105.19 billion, which is 61.1% higher than the PhP65.31 billion approved investments during the same period last year. Of the total amount, 93.0% (or PhP97.87 billion) was approved by BOI, while 7.0% (or PhP7.32 billion) was from PEZA.
The biggest share was committed to electricity, gas, steam & airconditioning supply at PhP48.43 billion (46.0%). This is 76.5% higher compared to its level last year. Information and communication came in second with PhP33.22 billion (31.6%); manufacturing with PhP14.51 billion (or 13.8%), real estate activities with PhP5.77 billion (5.5%); and human health and social work activities with PhP0.85 billion (0.8%).
Netherlands was the biggest country source of the BOI-PEZA approved foreign investments, with PhP6.94 billion (53.0%). China came in next with PhP0.56 billion, followed by Japan with PhP0.49 billion, Germany with PhP0.44 billion, and USA with PhP0.31 billion.