TABLE 1. Total Approved Foreign Investments by Investment Promotion Agency at Current Prices: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,, First Quarter 1996 to Fourth Quarter 2006,,,,,,,,,,,,,,,,,,,,,,,,,,,,, (in million PhP),,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Year,Quarter,AFAB,BOI,BOI BARMM,CDC,CEZA,PEZA,PPMC,SBMA,TIEZA,Total,,,,,,,,,,,,,,,,,, 1996,Q1,," 13,160.0 ",, 270.0 ,," 6,900.0 ",," 1,990.0 ",," 22,320.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 25,130.0 ",," 2,460.0 ",," 3,090.0 ",, 530.0 ,," 31,210.0 ",,,,,,,,,,,,,,,,,, ,Q3,," 5,270.0 ",, 250.0 ,," 3,410.0 ",," 3,790.0 ",," 12,720.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 29,590.0 ",, 170.0 ,," 2,290.0 ",," 3,140.0 ",," 35,190.0 ",,,,,,,,,,,,,,,,,, Total,,," 73,150.0 ",," 3,150.0 ",," 15,690.0 ",," 9,450.0 ",," 101,440.0 ",,,,,,,,,,,,,,,,,, 1997,Q1,," 35,110.0 ",, 500.0 ,," 5,280.0 ",, 340.0 ,," 41,230.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 18,780.0 ",, - ,," 10,580.0 ",, 370.0 ,," 29,730.0 ",,,,,,,,,,,,,,,,,, ,Q3,," 112,050.0 ",, 390.0 ,," 8,230.0 ",, 30.0 ,," 120,700.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 18,510.0 ",, 50.0 ,," 28,420.0 ",," 2,420.0 ",," 49,400.0 ",,,,,,,,,,,,,,,,,, Total,,," 184,450.0 ",, 940.0 ,," 52,510.0 ",," 3,160.0 ",," 241,060.0 ",,,,,,,,,,,,,,,,,, 1998,Q1,," 62,400.0 ",, 100.0 ,," 16,100.0 ",, 200.0 ,," 78,800.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 19,900.0 ",, 300.0 ,," 20,700.0 ",," 3,000.0 ",," 43,900.0 ",,,,,,,,,,,,,,,,,, ,Q3,," 4,800.0 ",, 100.0 ,," 1,700.0 ",, - ,," 6,600.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 32,400.0 ",, - ,," 6,900.0 ",, 200.0 ,," 39,500.0 ",,,,,,,,,,,,,,,,,, Total,,," 119,500.0 ",, 500.0 ,," 45,400.0 ",," 3,400.0 ",," 168,800.0 ",,,,,,,,,,,,,,,,,, 1999,Q1,," 12,800.0 ",, 300.0 ,," 2,900.0 ",," 2,300.0 ",," 18,300.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 49,900.0 ",, 100.0 ,," 10,600.0 ",, 400.0 ,," 61,000.0 ",,,,,,,,,,,,,,,,,, ,Q3,," 1,600.0 ",, 700.0 ,," 5,600.0 ",, - ,," 7,900.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 6,300.0 ",, - ,," 12,900.0 ",, 100.0 ,," 19,300.0 ",,,,,,,,,,,,,,,,,, Total,,," 70,600.0 ",," 1,100.0 ",," 32,000.0 ",," 2,800.0 ",," 106,500.0 ",,,,,,,,,,,,,,,,,, 2000,Q1,," 2,600.0 ",, 300.0 ,," 6,300.0 ",, 900.0 ,," 10,100.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 1,800.0 ",, 800.0 ,," 18,600.0 ",, 700.0 ,," 21,900.0 ",,,,,,,,,,,,,,,,,, ,Q3,," 6,700.0 ",, 500.0 ,," 28,400.0 ",, 100.0 ,," 35,700.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 4,500.0 ",, 100.0 ,," 7,800.0 ",, 200.0 ,," 12,600.0 ",,,,,,,,,,,,,,,,,, Total,,," 15,600.0 ",," 1,700.0 ",," 61,100.0 ",," 1,900.0 ",," 80,300.0 ",,,,,,,,,,,,,,,,,, 2001,Q1,," 1,100.0 ",, 120.0 ,," 13,000.0 ",, 30.0 ,," 14,250.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 4,800.0 ",, 20.0 ,," 2,100.0 ",, 5.2 ,," 6,925.2 ",,,,,,,,,,,,,,,,,, ,Q3,," 17,600.0 ",, 130.0 ,," 7,000.0 ",, 200.0 ,," 24,930.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 5,500.0 ",, 0.1 ,," 6,300.0 ",, 70.0 ,," 11,870.1 ",,,,,,,,,,,,,,,,,, Total,,," 29,000.0 ",, 270.1 ,," 28,400.0 ",, 305.2 ,," 57,975.3 ",,,,,,,,,,,,,,,,,, 2002,Q1,," 2,100.0 ",, 64.0 ,," 2,800.0 ",, 63.0 ,," 5,027.0 ",,,,,,,,,,,,,,,,,, ,Q2,," 2,400.0 ",," 13,600.0 ",," 10,100.0 ",, 211.0 ,," 26,311.0 ",,,,,,,,,,,,,,,,,, ,Q3,, 610.0 ,, 0.5 ,," 4,000.0 ",, 122.0 ,," 4,732.5 ",,,,,,,,,,,,,,,,,, ,Q4,," 3,700.0 ",, 50.0 ,," 5,920.0 ",, 350.0 ,," 10,020.0 ",,,,,,,,,,,,,,,,,, Total,,," 8,810.0 ",," 13,714.5 ",," 22,820.0 ",, 746.0 ,," 46,090.5 ",,,,,,,,,,,,,,,,,, 2003,Q1,," 2,654.5 ",, 10.5 ,," 3,468.7 ",, 179.0 ,," 6,312.6 ",,,,,,,,,,,,,,,,,, ,Q2,, 723.4 ,, 354.0 ,," 5,917.8 ",, 57.6 ,," 7,052.8 ",,,,,,,,,,,,,,,,,, ,Q3,," 1,993.0 ",, 9.2 ,," 4,394.2 ",, 99.8 ,," 6,496.2 ",,,,,,,,,,,,,,,,,, ,Q4,," 2,977.6 ",, - ,," 11,142.1 ",, 29.0 ,," 14,148.7 ",,,,,,,,,,,,,,,,,, Total,,," 8,348.5 ",, 373.8 ,," 24,922.8 ",, 365.3 ,," 34,010.3 ",,,,,,,,,,,,,,,,,, 2004,Q1,," 97,280.0 ",, 379.9 ,," 20,876.4 ",, 17.2 ,," 118,553.5 ",,,,,,,,,,,,,,,,,, ,Q2,, 401.0 ,," 1,581.3 ",," 4,762.1 ",," 1,254.5 ",," 7,998.9 ",,,,,,,,,,,,,,,,,, ,Q3,," 4,237.6 ",, 79.4 ,," 2,649.4 ",, 261.1 ,," 7,227.4 ",,,,,,,,,,,,,,,,,, ,Q4,," 25,970.3 ",, 114.1 ,," 13,248.9 ",, 782.0 ,," 40,115.3 ",,,,,,,,,,,,,,,,,, Total,,," 127,888.9 ",," 2,154.6 ",," 41,536.8 ",," 2,314.8 ",," 173,895.2 ",,,,,,,,,,,,,,,,,, 2005,Q1,," 19,115.1 ",, 31.6 ,," 11,991.2 ",, 367.3 ,," 31,505.2 ",,,,,,,,,,,,,,,,,, ,Q2,," 5,793.0 ",, 95.4 ,," 5,857.1 ",, 1.5 ,," 11,746.9 ",,,,,,,,,,,,,,,,,, ,Q3,," 6,064.5 ",, 54.8 ,," 9,717.8 ",, 366.1 ,," 16,203.3 ",,,,,,,,,,,,,,,,,, ,Q4,," 12,824.3 ",," 1,147.2 ",," 22,276.1 ",, 103.7 ,," 36,351.3 ",,,,,,,,,,,,,,,,,, Total,,," 43,796.9 ",," 1,329.0 ",," 49,842.2 ",, 838.7 ,," 95,806.8 ",,,,,,,,,,,,,,,,,, 2006,Q1,," 2,413.5 ",, 901.2 ,," 8,829.7 ",," 51,385.8 ",," 63,530.1 ",,,,,,,,,,,,,,,,,, ,Q2,," 24,033.6 ",," 3,360.3 ",," 8,575.8 ",," 16,718.0 ",," 52,687.7 ",,,,,,,,,,,,,,,,,, ,Q3,," 6,813.8 ",," 3,543.1 ",," 21,661.8 ",, 312.3 ,," 32,331.0 ",,,,,,,,,,,,,,,,,, ,Q4,," 3,296.1 ",, 278.6 ,," 13,270.7 ",, 485.6 ,," 17,331.0 ",,,,,,,,,,,,,,,,,, Total,,," 36,557.0 ",," 8,083.1 ",," 52,338.0 ",," 68,901.7 ",," 165,879.8 ",,,,,,,,,,,,,,,,,, Dash (-) is equivalent to zero,,,,,,,,,,,,,,,,,,,,,,,,,,,,, "**Growth rates greater than 1,000",,,,,,,,,,,,,,,,,,,,,,,,,,,,, "Note: Data submissions from AFAB, BOI-BARMM and CEZA start from 2010 while PPMC and TIEZA start from 2022.",,,,,,,,,,,,,,,,,,,,,,,,,,,,, Caution is advised in the analysis of the time series.,,,,,,,,,,,,,,,,,,,,,,,,,,,,, "Sources: Authority of the Freeport Area of Bataan (AFAB), Board of Investments (BOI), ",,,,,,,,,,,,,,,,,,,,,,,,,,,,, " BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM), Clark Development Corporation (CDC), ",,,,,,,,,,,,,,,,,,,,,,,,,,,,, " Cagayan Economic Zone Authority (CEZA), Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),",,,,,,,,,,,,,,,,,,,,,,,,,,,,, " Subic Bay Metropolitan Authority (SBMA), and Tourism Infrastructure and Enterprise Zone Authority (TIEZA). 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