MANILA, Philippines — Strategic investments under the government’s “green lane” pipeline rose slightly in July as the Board of Investments (BOI) certified more projects for faster permit processing, driven largely by capital-intensive renewable energy ventures.
According to BOI data as of end-July, the pipeline expanded to P6.36 trillion, inching up from P6.32 trillion at the end of the first half. This represents the combined project cost of investments certified since the program was launched in February 2023.
READ: Renewables drive P351-B ‘green lane’ expansion in H1
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Projects granted green-lane status are considered strategic or nationally significant investments, making them eligible for expedited government approval and registration processes. The program was established through Executive Order No. 18 in February 2023.FEATURED STORIES
