Approved Foreign Investments Increase by 86.7 Percent in Q1 2013 | Philippine Statistics Authority

Release Date :

Wednesday, June 26, 2013

Reference Number :

PR-20130626-ES4-01

Total foreign investments (FI) approved by the seven major investment promotion agencies (IPAs) in the first quarter of 2013 went up by 86.7 percent to PhP 34.6 billion from PhP 18.5 billion in Q1 2012.

Among the IPAs namely: Board of Investments (BOI), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), and Subic Bay Metropolitan Authority (SBMA) as well as Authority of the Freeport Area of Bataan (AFAB), BOI-Autonomous Region of Muslim Mindanao (BOI-ARMM), and Cagayan Economic Zone Authority (CEZA), PEZA registered the highest increase at 157.1 percent, reaching PhP 32.9 billion in Q1 2013 from PhP 12.8 billion in Q1 2012.

The top three prospective investing countries for the first quarter of 2013 include the British Virgin Islands, Japan and the Netherlands. The British Virgin Islands topped the list, committing PhP 19.6 billion or 56.6 percent of the total FI applications for the quarter. Japan and the Netherlands accounted for PhP 5.2 billion or 15.1 percent, and PhP 2.2 billion or 6.3 percent or, respectively.

Accommodation and food service activities became the top industry for the quarter in the amount of PhP 19.5 billion or 56.5 percent of the total FI approvals. Manufacturing sector came in second at PhP 7.6 billion or 22.1 percent, followed by real estate activities with a committed amount of PhP 2.7 billion or 7.7 percent share.

Approved investments of Filipino and foreign nationals increased by 103.0 percent, reaching a total of PhP 89.4 billion in the first quarter of 2013 from PhP 44.0 billion committed in the same period in 2012. About 61.3 percent of this amount would be supplied by ventures from Filipino investors. Investment pledges from Filipino nationals was at PhP 54.8 billion, up by 114.8 percent from PhP 25.5 billion in the same period in 2012.

Projects from foreign and Filipino investors approved in the first quarter of 2013 are seen to generate 33,746 jobs. Out of these anticipated jobs, 81.8 percent or 27,620 jobs would come from projects with foreign interest.

LINA V. CASTRO

Officer-in-Charge

Office of the Secretary General

Attachment	Size
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 1996 to First Quarter 2006	223 KB
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 2007 to First Quarter 2013	27.16 KB
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 2012 to First Quarter 2013	37.66 KB
Total Approved Foreign Investments by Country of Investor	103.21 KB
Total Approved Foreign Investments by Industry	133.47 KB
Projected Employment from Approved Projects with Foreign Interest	44.69 KB
Total Approved Investments of Foreign and Filipino Nationals by Investment Promotion Agency	57.29 KB
Total Approved Investments by Nationality (Filipino and Foreign) and by Investment Promotion Agency	141.74 KB
Total Approved Investments of Foreign and Filipino Nationals by Industry	93.91 KB
Projected Employment from Approved Investments of Foreign and Filipino Nationals	16.34 KB
Total Approved Foreign and Filipino Investments in the Information and Communications Technology	16.89 KB
Total Approved FIs in the Information and Communication Technology	14.81 KB
Total Approved Foreign and Filipino Investments in the Information and Communications Technology	15.92 KB
Projected Employment from Approved Foreign and Filipino Investments in the Information and Communication Technology (ICT) by su	14.65 KB
Balance of Payments Foreign Direct Investments	52.62 KB
Balance of Payments Foreign Direct Investments	45.65 KB

Attachment	Size
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 1996 to First Quarter 2006	8.43 KB
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 2007 to First Quarter 2013	8.07 KB
Total Approved Foreign Investments by Investment Promotion Agency First Quarter 2012 to First Quarter 2013	1.96 KB
Total Approved Foreign Investments by Country of Investor	3.35 KB
Total Approved Foreign Investments by Industry	7.91 KB
Projected Employment from Approved Projects with Foreign Interest	1.95 KB
Total Approved Investments of Foreign and Filipino Nationals by Investment Promotion Agency	2.24 KB
Total Approved Investments by Nationality (Filipino and Foreign) and by Investment Promotion Agency	4.58 KB
Total Approved Investments of Foreign and Filipino Nationals by Industry	4.73 KB
Projected Employment from Approved Investments of Foreign and Filipino Nationals	6.59 KB
Total Approved Foreign and Filipino Investments in the Information and Communications Technology	4.3 KB
Total Approved FIs in the Information and Communication Technology	2.82 KB
Total Approved Foreign and Filipino Investments in the Information and Communications Technology	3.73 KB
Projected Employment from Approved Foreign and Filipino Investments in the Information and Communication Technology (ICT) by su	2.83 KB
Balance of Payments Foreign Direct Investments	3.51 KB
Balance of Payments Foreign Direct Investments	6.58 KB

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