The Board of Investments (BOI) reported that as of December 20, there are 173 projects worth P4.51 trillion certified under the green lane . Of these, 139 projects (majority) are in the renewable energy (RE) sector, valued at P4.1 trillion. Eight projects are under digital infrastructure worth P352.12 billion; 22 are related to food security valued at P13.95 billion, and four are manufacturing projects worth P36.90 billion.
Five projects are already operational, including the Calabanga Solar Farm in Naga City, Camarines Sur; Bugallon Solar Farm in Pangasinan; Phil Towers; LDC Common Towers; and Charoen Pokphand in South Cotabato. Two operational projects are in the RE sector, two in Digital Infrastructure, and one in Food Security. 130 projects are in pre-development, 35 in construction, and three in pre-operation. The BOI’s Investment Assistance Service director, Ernesto C. delos Reyes Jr., explained that foreign investment in equity of these projects is P1.6 trillion. Singapore holds the top spot for foreign ownership, followed by Thailand and the British Virgin Islands. Among foreign-owned green lane-certified projects, food security accounts for 45 percent, followed by RE at 39 percent, digital infrastructure at 11 percent, and manufacturing at 5 percent. Recently, the BOI awarded green lane certification to Charoen Pokphand Foods (CPF) Philippines Corporation for its 20 new breeding farm projects, representing a total investment of P10.55 billion. CPF is the first company to receive a Green Lane certification for agricultural projects since the initiative’s launch in 2023
INVESTMENTS GREEN LANE RENEWABLE ENERGY FOOD SECURITY DIGITAL INFRASTRUCTURE
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