(2024 target nahigitan) INVESTMENT APPROVALS PUMALO SA P1.62-TRILLION

SINABI ng Department of Trade and Industry (DTI) na nahigitan na ng investment approvals ang 2024 target nito.

Sa isang statement, inihayag ng DTI na ang investments na inaprubahan ng Board of Investments (BOI) hanggang Disyembre 17 ay nagkakahalaga ng P1.62 trillion, mas mataas sa P1.5 trillion target.

Mas mataas din ito sa P1.26 trillion na inaprubahang investments noong 2023.

Ang energy sector, partikular ang renewable energy projects, ang nangunguna sa tumaas ang approvals, na may kabuuang P1.38 trillion at may 40% year-on-year increase.

Ang iba pang nangungunang sektor noong 2024 ay ang Air and Water Transport sa P121.20 billion; Real Estate Activities (Mass Housing) sa P37.26 billion; Manufacturing sa P31.67 billion; Water Supply, Sewerage, Waste Management, and Remediation Activities sa P16.28 billion; Agriculture, Forestry, and Fishing sa P11.02 billion; Wholesale and Retail sa P8.25 billion; at IT-BPM sa P7.34 billion.

“Significantly, the Water Supply, Sewerage, Waste Management, and Remediation sector saw the most significant growth, soaring by 1,540% compared to last year’s Php992 million,” ayon sa DTI.

Samantala, inaprubahan ng Philippine Economic Zone Authority (PEZA) ang P214.17 billion na investments, nahigitan ang P200 billion target para sa taon.

“We are pleased to report significant progress in attracting investments this year. These investments will fuel job creation, drive innovation, and foster dynamic economic progress. By focusing on international trade, we are laying the foundation for sustainable and inclusive economic growth,” wika ni Trade Secretary Cristina Roque.

“As we approach 2025, we are determined to build on this positive momentum. We will continue to refine and implement forward-looking policies that attract investments in these key industries, ensuring that the Philippines remains a prime destination for innovation and growth.”