RE projects lead P6.43 trillion green lane list

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April 12, 2026 | 12:00am

MANILA, Philippines — The Board of Investments (BOI), which has certified over P6 trillion worth of projects for expedited permit processing, is looking to review its investment approvals target amid the ongoing Middle East conflict.

In a statement, the BOI said a total of 244 projects with investments worth P6.43 trillion have been granted green lane status from February 2023 until March this year.

Under Executive Order 18, the government established green lanes for streamlined and accelerated processing of permits for strategic projects.

Projects that were granted green lane status are largely concentrated in renewable energy, public-private partnership infrastructure, water, digital infrastructure and food security.

Amid the ongoing Middle East crisis, Trade Secretary and BOI chair Cristina Roque said it is important to accelerate the implementation of these projects, particularly those in the energy sector.

“Many of the projects under the green lane are in renewable energy and related infrastructure. Accelerating their implementation is important to help address energy supply requirements, stabilize costs and support continued economic activity. This is why streamlining permitting and improving coordination across agencies remains a priority,” she said.

She said the agency is looking to review its investment approvals and export targets for the year as the Middle East conflict is expected to affect investor sentiment and outbound shipment of goods.

“We will have to meet regarding that (targets),” she said.

“It seems like now it’s a crisis all over. So everything will be at a standstill until at least it ends,” she said.

As part of cost-saving measures, the government is scaling back its investment missions.

Roque said a planned visit to meet potential investors in Europe last month was cancelled due to the crisis.

The BOI has set an investment approvals target of P1 trillion this year, lower than the P1.56 trillion worth of investments approved in 2025.

Investments approved by the BOI from January to February reached P47 billion, down slightly from P47.18 billion in the same period last year.

If the Middle East conflict continues for the rest of the year, Roque said the country may also see a sluggish export performance.

For this year, exports of goods and services are targeted to reach $116.1 billion up to $120.2 billion.

Data from the Philippine Statistics Authority showed that exports of goods reached $14.47 billion from January to February, 8.3 percent higher than a year ago.