Release Date :
Reference Number :
2016-080
Total foreign investments (FI) approved in the first quarter of 2016 by the seven investment promotion agencies (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), amounted to 
The Netherlands was the top investing country during the quarter at PhP 8.1 billion as it shared 31.0 percent of the total FI commitments. Japan and the United States of America (USA) occupied the second and third posts, pledging PhP 4.4 billion or 16.8 percent and PhP 3.7 billion or 14.3 percent, respectively, of the total FI approved in Q1 2016.
Manufacturing bested all other industries as it stands to receive 36.8 percent of total FI pledges or PhP 9.6 billion. Electricity, Gas, Steam, and Air Conditioning supply came in second, with investment commitments valued at PhP 6.6 billion, contributing 25.5 percent, followed by Administrative and Support Service Activities at PhP 5.4 billion, with 20.8 percent share.
In terms of location, bulk of the approved foreign investments would be intended to finance projects in Region IVA – CALABARZON, amounting to PhP 7.6 billion or 29.0 percent. This is followed by Region I – Ilocos Region at PhP 6.0 billion or 23.2 percent and National Capital Region at PhP 5.8 billion or 22.2 percent.
Approved investments of foreign and Filipino nationals in the first quarter of 2016 inched up by 3.1 percent, amounting to PhP 99.5 billion from PhP 96.5 billion registered in Q1 2015. Pledges from Filipino nationals stood at PhP 73.5 billion which accounted for 73.9 percent of the total approved investments during the quarter.
Foreign and Filipino ventures approved by the seven IPAs in the first quarter of 2016 are expected to generate 59,324 jobs, an increase of 31.3 percent from previous year’s projected employment. Out of these anticipated jobs, 89.6 percent or 53,159 jobs would come from projects with foreign interest.
FOR THE NATIONAL STATISTICIAN:
JOSIE B. PEREZ
(Deputy National Statistician)
Officer-in-Charge
Contact Persons: Eduardo B. Sanguyo/John Lourenze S. Poquiz/Stephanie Rose R. Moscoso
Tel. No.: (+6 32) 376-2019
E-mail: e.sanguyo@psa.gov.ph; l.poquiz@psa.gov.ph; r.moscoso@psa.gov.ph
Tel. No.: (+6 32) 376-2019
E-mail: e.sanguyo@psa.gov.ph; l.poquiz@psa.gov.ph; r.moscoso@psa.gov.ph
Summary (private)
| Attachment | Size |
|---|---|
 Q1 2016 Foreign Investments Summary |
679 KB |
Data (private)
CSV (private)