Approved Foreign Investments Reach PhP 148.43 Billion in the First Quarter of 2024
Total foreign investments (FI) approved in the fourth quarter of 2019 reached PhP 112.1 billion or
FI for the fourth quarter of 2019 were mainly driven by investments from China (PROC) which accounted for
Approved investments of foreign and Filipino nationals in the fourth quarter of 2019 were expected to generate 55,946 jobs, lower by 23.0 percent compared with the previous year’s projected employment of 72,630. Out of these total anticipated jobs, 78.8 percent would be absorbed by projects with foreign interest.
CLAIRE DENNIS S. MAPA, Ph.D.
Undersecretary
National Statistician and Civil Registrar General