BOI to reach P1-trillion investment goal in 2026
Inquirer.net
12 November 2026
MANILA, Philippines — The country’s largest investment promotion agency (IPA) is confident of ending the year with at least P1 trillion in approved investments, enough to meet its full-year target.
Board of Investments (BOI) managing head Ceferino Rodolfo said the agency would “definitely” achieve its trillion-peso goal, banking on renewable energy and infrastructure projects still in its pipeline.
As of the third quarter, the BOI had already approved P900.06 billion in investments.
“The expectation is that we will hit (P1 trillion), and we are working to exceed it,” said Rodolfo, also the country’s trade undersecretary.
Energy-related projects, most of them involving renewable energy, accounted for the bulk of approved investments at P740.14 billion. For the past three years, renewable energy has topped the agency’s list of leading investment sectors.
Should the BOI merely meet its full-year target, its investment approvals would still fall substantially short of the P1.56 trillion recorded in 2025.
Shift in fund flows
At the time, Trade Secretary Cristina Roque attributed the lower target to expectations that investments would shift away from renewable energy projects, whose substantial capital requirements tend to jack up approval figures.
Rodolfo also explained that the BOI was now shifting its focus from registering investments under its own name toward creating a more conducive environment for investments across the country.
For instance, he cited the development of the 2026 Strategic Investment Priority Plan, which identifies priority sectors eligible for incentives under the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act, or “Create More” Law. The agency has also been involved in advancing plans for the proposed Pax Silica advanced manufacturing hub.
The BOI also leads the government’s green lane program, a P6.43-trillion pipeline of strategic investments eligible for expedited permitting.
“We’re focusing now on the enabling environment, long-term industrial policy planning,” Rodolfo added.
As part of this shift, he said the BOI would increasingly seek to channel investments toward other IPAs.
Asked whether this would translate into a lower investment approvals target for 2027, Rodolfo said the agency had yet to determine its goal for next year.
In 2025, the BOI accounted for 81.25 percent of the P1.92 trillion in investments approved by the country’s IPAs.
The Philippine Economic Zone Authority followed with P260.89 billion, representing 13.59 percent of the total. Other investment authorities accounted for roughly P100 billion combined, or about 5.2 percent. INQ
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