Total approved foreign investments (FI) 1 , Q2 an d first semester 2015.
Total foreign investments (FI) approved in the second quarter of 2015 by the seven investment promotion agencies (IPAs), namely: Board of Investments (BOI), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), and Subic Bay Metropolitan Authority (SBMA) as we ll as the Authority of the Freeport Area of Bataan (AFAB), BOI - Autonomous Region of Muslim Mindanao (BOI - ARMM), and Cagayan Economic Zone Authority (CEZA ) amounted to PhP 36.2 billion, slightly higher by 0.5 percent f rom PhP 36.0 billion recorded in the sa me period last year. Meanwhile, total approved FI for the first six months of the year reached PhP 58.0 billion , declining by 21.0 percent from PhP 73.4 billion in the previous year .
Manufacturing has remained to be the industry with the largest amount of committed foreign investments in the second quarter of 2015 at PhP 21.8 bill ion or 60.2 percent share. Agriculture, forestry and fishing came in second with investment pledges valued at PhP 5.1 billion or 14.2 percent, followed by co nstruction at PhP 2.6 billion or 7.2 percent share. During the first half of 2015, manufacturing maintained the top post, with commitments of PhP 30.9 billion, accounting for 53.3 percent . This is followed by agriculture, forestry and fishing at PhP 5.1 billion or 8.9 percent and administrative and support service activities at PhP 5.0 billion or 8.7 percent .
The top three prospective investing countries for the second quarter of 2015 include the Netherlands, Singapore and Japan. The Netherlands pledg ed PhP 17.0 billion or 46.8 percent share during the quarter while Singapore and Japan committ ed PhP 8.4 billion and PhP 4.0 billion, or 23.2 percent and 11.1 percent of the total approved FI , respectively .
For the first semester of 2015, t he same countries belong to the top three, with the N etherlands leading with investment commitments of PhP 18.1 billion or 31.2 percent. Japan and Singapore pledged PhP 11.2 billion or 19.3 pe rcent and PhP 10.0 billion or 17.2 percent , respectively .
|Source Institution||National Statistical Coordination Board|
|Place of Publication||Quezon City|
|Original Publication Date||July 1, 2015|