Release Date :
Reference Number :
20150302ES401
Total foreign investments (FI) approved in the fourth quarter of 2014 by 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 PhP 95.2 billion, 27.9 percent lower than PhP 132.0 billion investment commitments in the fourth quarter of 2013. Meanwhile, total approved FI for the year 2014 reached PhP 186.9 billion, down by 31.8 percent from PhP 274.0 billion pledges recorded in the previous year.
The Netherlands was the top source of approved FI in Q4 2014 as it contributed 24.1 percent or PhP 23.0 billion of the total FI commitments. Japan and the United States of America (USA) occupied the second and third places, pledging PhP 20.9 billion or 21.9 percent and PhP 9.7 billion or 10.2 percent, respectively, of the total approved FI during the quarter.
Projects in the manufacturing industry garnered the largest amount of FI pledges for Q4 2014 as it stood to receive PhP 54.4 billion or 57.2 percent. Administrative and support service activities came in second with investment pledges valued at PhP 18.8 billion, accounting for 19.8 percent of the total FI, followed by construction at PhP 7.6 billion or 8.0 percent share.
Approved investments of foreign and Filipino nationals in the fourth quarter of 2014 totaled PhP 231.2 billion, 1.9 percent lower than PhP 235.7 billion registered in the same period of the previous year. Pledges from Filipino nationals stood at PhP 136.0 billion which accounted for 58.8 percent of the total approved investments during the quarter.
Foreign and Filipino ventures approved by the seven IPAs during the fourth quarter of 2014 are expected to create 61,424 jobs, up by 30.7 percent from previous year’s projected employment of 46,997 jobs. Out of these anticipated jobs, 71.0 percent or 43,638 jobs would come from projects with foreign interest while local investments are expected to generate 17,786 jobs.
FOR THE NATIONAL STATISTICIAN:
ROMEO S. RECIDE
(Interim Deputy National Statistician)
Officer-in-Charge
Focal Persons
Ms. Cynthia S. Regalado, Mr. John Lourenze S. Poquiz
and Ms. Stephanie Rose R. Moscoso
Tel. No.: (+6 32) 895-5002; (+6 32) 896-7981
Summary (private)
| Attachment | Size |
|---|---|
 Q4 2014 Foreign Investments Summary |
2.36 MB |
Data (private)
CSV (private)