P4.6-T investments to boost local economy

The Philippines has reached a significant economic milestone, with strategic investments in the country amounting to P4.6 trillion, President Ferdinand R. Marcos Jr. announced on Thursday.

President Marcos attributed this achievement to the government’s efforts in streamlining investment processes and working closely with various agencies to attract investors. 

He emphasized that the influx of investments is expected to create approximately 300,000 jobs for Filipinos, providing better livelihoods and opportunities for both personal and professional growth.

During the Gawad Bayanihan sa Pamumuhunan Milestone Event held in Malacañang, the President revealed that the government had certified 187 strategic investments in key sectors, including energy, digital infrastructure, food security, and manufacturing, as of February 2025.

Some of these investments, he noted, were facilitated through Executive Order (EO) No. 18, known as Green Lanes for Strategic Investment, which streamlines approvals for major projects. A One-Stop-Action-Center has been established to expedite the issuance of permits and licenses for investors.

The President highlighted the EDC-Project Charlie Hyperscale Data Center in New Clark City, Tarlac, as a key beneficiary of the Green Lanes initiative. He also cited two operational solar power projects in Pangasinan—the 159 megawatt-peak Laoag and the 94 megawatt-peak Cayanga-Bugallon.

“The goal is simple: less red tape, more action, more results, more success, more quickly. We want investments to come in, projects to break ground faster, [and] jobs to reach our people sooner. Because when businesses move quickly, progress follows just as fast,” the President said.

The administration anticipates that these investments will enhance competition, ultimately leading to lower prices for goods and services. Additionally, advancements in transportation, energy, and communication systems are expected as new technologies are introduced by investors.

President Marcos also expressed his gratitude to the members of the Investments Facilitation Network, along with national and local government agencies, for their dedication to making the Philippines a more attractive investment destination.

“You have helped build an environment where businesses can succeed and, in turn, where our people can lead better and more dignified lives,” the President said.