Economy | PH Approved Foreign Investments by Region (2024)

 

🇵🇭 Approved Foreign Investments by Region (2024)

1. CALABARZON (Cavite, Laguna, Batangas, Rizal, Quezon)

• Total Approved Investments: Approximately ₱195.67 billion

• Share of National Total: Around 36%

• Highlights: CALABARZON maintained its position as the top region for foreign investments, driven by its robust infrastructure, proximity to Metro Manila, and established industrial zones.

2. Negros Island Region

• Total Approved Investments: ₱86.46 billion

• Share of National Total: Approximately 45.6% in Q2 2024

• Highlights: This region saw a significant influx of investments, particularly in the energy sector, accounting for 91.2% of the total approved foreign investments in the second quarter.

3. Central Luzon

• Total Approved Investments: ₱14.90 billion

• Share of National Total: 53.3% in Q1 2024

• Highlights: Central Luzon attracted substantial investments, with a significant portion directed towards the electricity, gas, steam, and air conditioning supply industry. manilastandard.net

4. Central Visayas

• Total Approved Investments: ₱4.35 billion

• Share of National Total: Approximately 2.3% in Q2 2024

• Highlights: The region continued to be a hub for investments, particularly in the manufacturing and administrative support service sectors.

5. National Capital Region (NCR)

• Total Approved Investments: ₱12.86 billion

• Share of National Total: Approximately 24.2% in Q4 2024

• Highlights: Metro Manila remained a focal point for investments, with significant contributions from various sectors, including manufacturing and real estate activities.

6. Bicol Region

• Total Approved Investments: ₱51.84 billion

• Share of National Total: 35.3% in Q3 2024

• Highlights: Bicol experienced a surge in investment pledges, particularly in the manufacturing and energy sectors.

7. Eastern Visayas

• Total Approved Investments: ₱108.30 billion

• Share of National Total: 27.5% in Q3 2024

• Highlights: The region saw increased investment activities, especially in the energy and manufacturing sectors. malaya.com.ph

8. Ilocos Region

• Total Approved Investments: ₱58.52 billion

• Share of National Total: 14.8% in Q3 2024

• Highlights: Ilocos attracted significant investments, particularly in the manufacturing and real estate sectors.

9. Cagayan Valley

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for Cagayan Valley were not detailed in the available data.

10. MIMAROPA (Mindoro, Marinduque, Romblon, Palawan)

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for MIMAROPA were not detailed in the available data.

11. Zamboanga Peninsula

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for Zamboanga Peninsula were not detailed in the available data.

12. Northern Mindanao

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for Northern Mindanao were not detailed in the available data.

13. Davao Region

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for Davao Region were not detailed in the available data.

14. SOCCSKSARGEN

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for SOCCSKSARGEN were not detailed in the available data.

15. Caraga

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for Caraga were not detailed in the available data.

16. BARMM (Bangsamoro Autonomous Region in Muslim Mindanao)

• Total Approved Investments: ₱86.66 million

• Share of National Total: Data not specified in the available reports.

• Highlights: BOI-BARMM approved ₱86.66 million worth of commitments in 2024. psa.gov.ph+5bworldonline.com+5bworldonline.com+5

17. Cordillera Administrative Region (CAR)

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for CAR were not detailed in the available data.

18. Other Regions

• Total Approved Investments: Data not specified in the available reports.

• Highlights: Specific figures for other regions were not detailed in the available data.

🔍 Sectoral Overview

• Energy Sector: Dominated foreign investment pledges, particularly in the second quarter, accounting for over 90% of the total approved investments in that period.

• Manufacturing Sector: Consistently attracted significant investments across various regions, contributing to job creation and economic growth.

• Administrative and Support Services: Saw increased foreign investments, especially in regions like Central Visayas and NCR.

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📈 Employment Impact

The approved investments in 2024 are expected to generate substantial employment opportunities across the country. For instance, in the second quarter of 2024, the approved investments were projected to create 26,915 jobs, with a significant portion attributed to foreign investment projects.