The Board of Investments’ (BOI) One-Stop Action Center for Strategic Investments (OSAC-SI) reported that 12 projects worth PHP203.63 billion under green lane were already operational since President Ferdinand R. Marcos Jr. issued Executive Order No. 18, fast-tracking the processing of permits and licenses for high-impact projects.
Data provided by BOI Director Ernesto delos Reyes showed that six of the operational projects, with investments of PHP2.86 billion, are aligned with the Marcos administration’s food security goals.
Four strategic investments amounting to PHP14.7 billion were also operational, helping the country to transition to clean energy resources.
Two big-ticket projects in digital infrastructure and public-private partnership (PPP) were also operating. These projects had the largest investments amounting to PHP186.1 billion.
These PHP204-billion projects were part of the total PHP5.239-trillion investments as of June 5 under the green lane initiative established under EO 18, issued by Marcos in February 2023.
“Overall, these projects are anticipated to create over 309,000 jobs, and with PHP1.66 trillion in foreign investment, global investors are showing strong confidence in the Philippines,” delos Reyes said.
The EO establishes the OSAC-SI under the BOI, which gives green lane certificates to strategic investments in sectors of renewable energy, digital infrastructure and PPP, food security, and manufacturing.
Those projects with green lane certification should have the processing of their permits, licenses, and other documentary requirement be fast tracked by all national government agencies (NGAs) and local government units (LGUs).
“Actually, one of the testimonials that we received—it’s in the pre-development stage— their target is three to five years to get the clearances. But they only got it within 18 months. That's the testimonial of one in solar farm,” delos Reyes said.
The BOI data also showed that there are three projects amounting to PHP2.24 billion that are in pre-operation stage, 36 projects amounting to PHP360.42 billion in construction phase, and 159 projects amounting to PHP4.67 trillion are in pre-development stage.
Delos Reyes said the BOI continues to monitor all these projects to ensure that those in the pre-development stage will proceed with their projects, for them to invest and create jobs for Filipinos.
Meanwhile, for May 2025 alone, the OSAC-SI certified seven projects with investments of PHP70.97 billion. It is expected to generate 5,275 jobs.
(This Article was originally published by PNA)
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