TABLE 1.

Total Approved Foreign Investments by Investment Promotion Agency at Current Prices:

First Quarter 1996 to Fourth Quarter 2006
(in million PhP)

Year Quarter AFAB BCDA BOI BOI-BARMM CDC CEZA CIAC JHMC PEZA PPMC SBMA TIEZA ZCSEZA Total
Q1 13,160.00 270.00 6,900.00 1,990.00 22,320.00
Q2 25,130.00 2,460.00 3,090.00 530.00 31,210.00
1996
Q3 5,270.00 250.00 3,410.00 3,790.00 12,720.00
Q4 29,590.00 170.00 2,290.00 3,140.00 35,190.00
Total 73,150.00 3,150.00 15,690.00 9,450.00 101,440.00
Q1 35,110.00 500.00 5,280.00 340.00 41,230.00
Q2 18,780.00 - 10,580.00 370.00 29,730.00
1997
Q3 112,050.00 390.00 8,230.00 30.00 120,700.00
Q4 18,510.00 50.00 28,420.00 2,420.00 49,400.00
Total 184,450.00 940.00 52,510.00 3,160.00 241,060.00
Q1 62,400.00 100.00 16,100.00 200.00 78,800.00
Q2 19,900.00 300.00 20,700.00 3,000.00 43,900.00
1998
Q3 4,800.00 100.00 1,700.00 - 6,600.00
Q4 32,400.00 - 6,900.00 200.00 39,500.00
Total 119,500.00 500.00 45,400.00 3,400.00 168,800.00
Q1 12,800.00 300.00 2,900.00 2,300.00 18,300.00
Q2 49,900.00 100.00 10,600.00 400.00 61,000.00
1999
Q3 1,600.00 700.00 5,600.00 - 7,900.00
Q4 6,300.00 - 12,900.00 100.00 19,300.00
Total 70,600.00 1,100.00 32,000.00 2,800.00 106,500.00
Q1 2,600.00 300.00 6,300.00 900.00 10,100.00
Q2 1,800.00 800.00 18,600.00 700.00 21,900.00
2000
Q3 6,700.00 500.00 28,400.00 100.00 35,700.00
Q4 4,500.00 100.00 7,800.00 200.00 12,600.00
Total 15,600.00 1,700.00 61,100.00 1,900.00 80,300.00
Q1 1,100.00 120.00 13,000.00 30.00 14,250.00
Q2 4,800.00 20.00 2,100.00 5.20 6,925.20
2001
Q3 17,600.00 130.00 7,000.00 200.00 24,930.00
Q4 5,500.00 0.10 6,300.00 70.00 11,870.10
Total 29,000.00 270.10 28,400.00 305.20 57,975.30
Q1 2,100.00 64.00 2,800.00 63.00 5,027.00
Q2 2,400.00 13,600.00 10,100.00 211.00 26,311.00
2002
Q3 610.00 0.50 4,000.00 122.00 4,732.50
Q4 3,700.00 50.00 5,920.00 350.00 10,020.00
Total 8,810.00 13,714.50 22,820.00 746.00 46,090.50
Q1 2,654.50 10.50 3,468.67 178.97 6,312.63
Q2 723.40 354.01 5,917.83 57.60 7,052.84
2003
Q3 1,993.00 9.24 4,394.18 99.76 6,496.18
Q4 2,977.57 - 11,142.14 28.98 14,148.69
Total 8,348.47 373.75 24,922.81 365.31 34,010.34
Q1 97,280.04 379.89 20,876.43 17.18 118,553.54
Q2 401.01 1,581.30 4,762.10 1,254.50 7,998.91
2004
Q3 4,237.56 79.38 2,649.36 261.14 7,227.44
Q4 25,970.30 114.06 13,248.89 782.03 40,115.28
Total 127,888.92 2,154.63 41,536.78 2,314.84 173,895.17
Q1 19,115.09 31.62 11,991.18 367.35 31,505.23
Q2 5,792.98 95.37 5,857.09 1.50 11,746.94
2005
Q3 6,064.51 54.82 9,717.85 366.15 16,203.32
Q4 12,824.33 1,147.17 22,276.10 103.69 36,351.30
Total 43,796.91 1,328.98 49,842.22 838.68 95,806.79
Q1 2,413.45 901.19 8,829.70 51,385.76 63,530.10
Q2 24,033.59 3,360.31 8,575.78 16,718.02 52,687.71
2006
Q3 6,813.83 3,543.05 21,661.79 312.30 32,330.97
Q4 3,296.14 278.56 13,270.72 485.58 17,331.01
Total 36,557.02 8,083.11 52,337.99 68,901.66 165,879.79
Dash (-) is equivalent to zero
Note: Data submissions from AFAB, BOI-BARMM and CEZA start from 2010, PPMC and TIEZA start from 2022, and BCDA, CIAC, JHMC, and ZCSEZA start from 2023. Caution is advised in the analysis of the time series.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA).
 TABLE 1. Total Approved Foreign Investments by Investment Promotion Agency at Current Prices:
First Quarter 2007 to Fourth Quarter 2017
(in million PhP)

Year Quarter AFAB BCDA BOI BOI-BARMM CDC CEZA CIAC JHMC PEZA PPMC SBMA TIEZA ZCSEZA Total
Q1 1,081.70 22.23 16,458.77 278.24 17,840.94
Q2 17,726.68 123.43 29,566.88 11,279.82 58,696.81
2007
Q3 4,809.66 314.71 27,545.04 2,265.14 34,934.54
Q4 78,663.62 1,002.02 13,804.91 9,139.87 102,610.41
Total 102,281.66 1,462.39 87,375.60 22,963.06 214,082.70
Q1 328.59 183.92 19,454.61 782.70 20,749.83
Q2 52,297.65 1,762.67 11,845.70 7,965.05 73,871.07
2008
Q3 40,111.14 7,096.36 18,920.23 546.46 66,674.19
Q4 814.20 200.08 20,134.59 236.96 21,385.83
Total 93,551.58 9,243.03 70,355.13 9,531.17 182,680.91
Q1 434.36 62.58 3,419.76 42.37 3,959.07
Q2 2,164.35 2,446.69 12,678.58 2,659.35 19,948.97
2009
Q3 143.98 1,722.74 8,064.55 437.68 10,368.95
Q4 7,654.25 303.50 79,258.36 322.83 87,538.94
Total 10,396.94 4,535.50 103,421.26 3,462.23 121,815.93
Q1 - 1,459.77 - 23,121.60 - 21,161.31 949.53 46,692.21
Q2 - 2,030.90 - 898.65 - 6,643.82 4,199.73 13,773.10
2010
Q3 - 9,095.39 - 173.14 - 9,613.60 85.01 18,967.14
Q4 - 9,742.50 - 2,056.43 - 104,748.64 83.47 116,631.05
Total - 22,328.55 - 26,249.83 - 142,167.38 5,317.74 196,063.49
Q1 - 2,435.00 - 1,851.84 11.45 17,674.91 60.16 22,033.36
Q2 - 8,806.45 - 14,602.08 - 16,770.47 101.02 40,280.02
2011
Q3 - 10,662.42 - 2,149.02 13.16 14,510.55 664.60 27,999.75
Q4 86.00 1,330.98 - 202.99 208.85 146,578.17 19,511.11 167,918.09
Total 86.00 23,234.85 - 18,805.92 233.46 195,534.11 20,336.89 258,231.23
Q1 153.28 3,733.43 - 1,604.50 82.55 12,787.12 144.15 18,505.03
Q2 12.59 6,688.75 - 532.64 15.67 15,284.65 128.94 22,663.24
2012
Q3 - 7,440.99 426.75 36.21 10.50 10,083.73 162.52 18,160.70
Q4 224.75 56,201.60 - 2,331.07 20.20 171,221.02 216.72 230,215.36
Total 390.62 74,064.78 426.75 4,504.42 128.92 209,376.52 652.33 289,544.33
Q1 - 17,164.35 - 50.44 86.19 32,869.51 134.71 50,305.20
Q2 - 45,641.45 - 749.22 28.68 12,370.32 39.37 58,829.04
2013
Q3 108.71 3,879.84 - 159.67 46.08 28,346.45 379.28 32,920.03
Q4 2,012.02 53,960.69 322.00 1,026.65 438.81 74,084.50 114.60 131,959.27
Total 2,120.73 120,646.32 322.00 1,985.98 599.76 147,670.79 667.97 274,013.55
Q1 - 4,686.39 36.86 358.64 36.74 20,976.41 11,318.38 37,413.42
Q2 74.62 6,776.14 314.70 7,582.14 14.41 21,080.93 187.59 36,030.54
2014
Q3 155.62 1,933.38 228.00 596.87 82.00 15,210.12 124.47 18,330.46
Q4 175.78 23,492.45 - 449.66 208.72 70,212.21 646.80 95,185.61
Total 406.02 36,888.36 579.56 8,987.31 341.87 127,479.67 12,277.24 186,960.02
Q1 97.84 2,378.34 - 4,636.41 88.58 14,422.98 191.92 21,816.07
Q2 5.03 10,908.25 - 720.40 345.16 23,961.00 270.82 36,210.66
2015
Q3 196.26 28,509.90 3,218.75 2,265.00 92.09 13,894.33 394.58 48,570.91
Q4 160.46 17,710.54 - 2,080.03 69.85 116,646.96 1,950.22 138,618.05
Total 459.60 59,507.04 3,218.75 9,701.84 595.68 168,925.27 2,807.53 245,215.70
Q1 76.44 8,448.07 1,040.00 492.92 23.37 15,813.90 348.16 26,242.84
Q2 77.95 21,447.01 - 741.16 79.97 14,139.39 3,905.21 40,390.69
2016
Q3 7.00 19,698.40 - 79.42 22.40 6,373.56 530.00 26,710.79
Q4 - 39,802.41 0.08 982.15 16.01 84,888.91 4.71 125,694.27
Total 161.39 89,395.89 1,040.08 2,295.64 141.75 121,215.76 4,788.09 219,038.60
Q1 - 1,895.73 - 845.69 54.12 19,772.47 315.32 22,883.32
Q2 279.21 3,576.82 4.69 441.01 21.10 13,780.05 62.38 18,165.26
2017
Q3 142.19 7,014.00 720.00 1,063.89 4.95 34,052.15 51.14 43,048.32
Q4 9.03 9,249.97 - 1,568.15 2.37 10,673.60 145.45 21,648.56
Total 430.43 21,736.51 724.69 3,918.74 82.54 78,278.27 574.28 105,745.46
Dash (-) is equivalent to zero
Note: Data submissions from AFAB, BOI-BARMM and CEZA start from 2010, PPMC and TIEZA start from 2022, and BCDA, CIAC, JHMC, and ZCSEZA start from 2023. Caution is advised in the analysis of the time series.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA).
 TABLE 1. Total Approved Foreign Investments by Investment Promotion Agency at Current Prices:
First Quarter 2018 - Third Quarter 2023
(in million PhP)

Year Quarter AFAB BCDA BOI BOI-BARMM CDC CEZA CIAC JHMC PEZA PPMC SBMA TIEZA ZCSEZA Total
Q1 - 792.80 - 339.85 104.13 12,960.10 11.52 14,208.41
Q2 - 13,697.55 - 2,005.84 174.50 14,410.14 657.59 30,945.63
2018
Q3 82.27 19,149.15 235.15 329.02 272.42 22,454.41 117.50 42,639.91
Q4 1,590.68 70,327.72 - 4,473.68 647.29 18,496.75 17.28 95,553.40
Total 1,672.95 103,967.23 235.15 7,148.38 1,198.34 68,321.41 803.89 183,347.35
Q1 174.27 30,817.52 - 380.96 79.84 12,969.13 1,562.97 45,984.69
Q2 15.13 38,053.78 - 478.38 142.65 10,516.23 369.26 49,575.43
2019
Q3 150.77 170,982.69 306.81 152.90 72.35 10,294.11 476.33 182,435.95
Q4 0.05 95,886.74 0.04 244.82 45.80 15,475.78 460.75 112,113.99
Total 340.22 335,740.73 306.85 1,257.06 340.64 49,255.26 2,869.31 390,110.07
Q1 0.90 13,363.23 - 2,253.14 1,099.62 12,315.80 110.51 29,143.19
Q2 0.05 5,257.99 - 13.65 57.50 10,105.72 25.76 15,460.66
2020
Q3 1.20 10,630.73 - 13.49 50.00 20,276.54 60.49 31,032.46
Q4 392.97 18,478.79 3.00 292.72 53.56 17,031.31 234.21 36,486.56
Total 395.12 47,730.74 3.00 2,572.99 1,260.68 59,729.37 430.97 112,122.86
Q1 39.42 6,838.06 - 357.26 49.05 12,186.65 - 76.42 205.66 19,752.52
Q2 509.02 14,778.40 - 2,153.26 25.02 5,016.53 - 20.51 - 22,502.74
2021
Q3 - 1,006.66 - 847.33 - 14,677.69 - 290.03 - 16,821.71
Q4 - 129,172.92 19.97 324.17 - 3,944.63 - 8.48 0.63 133,470.80
Total 548.44 151,796.04 19.97 3,682.02 74.08 35,825.49 - 395.45 206.29 192,547.77
Q1 4,326.95 - 71.38 - - 4,473.46 - 108.83 - 8,980.62
Q2 - 3,562.86 291.45 96.00 - - 9,322.40 - 32,982.81 - 46,255.53
2022
Q3 - 2,158.40 - 1,364.19 - - 9,248.16 - 276.13 - 13,046.89
Q4 150.00 128,130.29 30.22 142.42 - 0.02 41,464.27 - 3,691.23 - - 173,608.45
Total 150.00 138,178.50 321.68 1,674.00 - 0.02 64,508.29 - 37,059.00 - - 241,891.49
Q1r - 400,855.15 - 161.23 - - 4,592.72 - 2,586.88 - 27.20 408,223.17
2023 Q2 - 22,328.61 358.97 194.47 - 16.44 35,752.66 - 441.01 - - 59,092.17
Q3 35.25 - 3,744.03 - 968.17 4.97 - - 18,333.09 - 4,105.84 - 112.31 27,303.65
Dash (-) is equivalent to zero
r - Revised
Note: Data submissions from AFAB, BOI-BARMM and CEZA start from 2010, PPMC and TIEZA start from 2022, and BCDA, CIAC, JHMC, and ZCSEZA start from 2023. Caution is advised in the analysis of the time series.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA).
 TABLE 2. Total Approved Foreign Investments by Investment Promotion Agency at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Agency Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1 r
Q2 Q3 Q3 2023 Q3 2023

AFAB - - - 150.00 150.00 - - 35.25 0.1 -

BCDA - - - - - - - - -
BOI 4,326.95 3,562.86 2,158.40 128,130.29 138,178.50 400,855.15 22,328.61 3,744.03 13.7 73.5
BOI-BARMM - 291.45 - 30.22 321.68 - 358.97 - - -
CDC 71.38 96.00 1,364.19 142.42 1,674.00 161.23 194.47 968.17 3.5 -29.0
CEZA - - - - - - - 4.97 0.0 -
CIAC - - - 0.02 0.02 - 16.44 - - -
JHMC - - - - - - - - -
PEZA 4,473.46 9,322.40 9,248.16 41,464.27 64,508.29 4,592.72 35,752.66 18,333.09 67.1 98.2
PPMC - - - - - - - - - -
SBMA 108.83 32,982.81 276.13 3,691.23 37,059.00 2,586.88 441.01 4,105.84 15.0 **
TIEZA - - - - - - - - - -
ZCSEZA - - - - - 27.20 - 112.31 0.4 -
Total 8,980.62 46,255.53 13,046.89 173,608.45 241,891.49 408,223.17 59,092.17 27,303.65 100.0 109.3
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000
TABLE 3. Total Approved Foreign Investments by Country of Investor at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Country Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

Australia 220.45 285.63 120.31 96.25 722.64 449.85 116.04 357.61 1.3 197.2
British Virgin Islands 220.38 332.72 524.12 2,138.45 3,215.66 15.81 200.54 926.51 3.4 76.8
Canada 5.31 16.06 19.69 14.02 55.08 18.24 2.83 108.99 0.4 453.7
Cayman Islands - 223.53 2.39 21.19 247.12 - 11,633.02 - - -
China (PROC) 182.53 410.52 579.57 253.77 1,426.39 291.78 223.67 1,845.55 6.8 218.4
Denmark 4.00 0.04 - - 4.04 - - - - -
France - 0.14 0.43 0.03 0.59 44.00 2,051.80 4.15 0.0 873.0
Germany - 0.00 42.16 30.80 72.96 392,401.04 1,142.77 4.16 0.0 -90.1
Hongkong 7.10 137.85 188.18 317.39 650.53 - 375.70 49.83 0.2 -73.5
India - 145.32 1,109.92 524.51 1,779.75 16.26 131.74 86.56 0.3 -92.2
Japan 3,561.42 6,507.51 4,502.54 37,408.83 51,980.30 3,824.44 20,356.10 1,920.76 7.0 -57.3
South Korea 1,663.30 874.35 2,024.43 374.64 4,936.72 135.44 1,333.39 5.51 0.0 -99.7
Malaysia 0.8 308.6
0.00 0.19 53.24 - 53.43 0.10 199.20 217.52
Netherlands 51.34 19,037.23 580.36 992.34 20,661.28 2,651.43 1,326.19 194.23 0.7 -66.5
Singapore 1,634.70 15,886.87 1,643.53 111,466.26 130,631.36 1,830.71 17,652.76 13,044.88 47.8 693.7
Switzerland 585.96 - 3.20 1.40 590.56 - - 37.52 0.1 **
Taiwan 66.68 82.18 3.85 776.21 928.91 222.42 98.61 3,634.55 13.3 **
Thailand 0.00 - 0.00 - 0.00 - 0.00 - - -
UK 0.72 801.04 224.99 10,222.09 11,248.85 293.08 348.84 3,057.75 11.2 **
USA 2.9 19.4
291.99 845.79 663.39 3,260.16 5,061.33 1,796.65 965.01 791.85
Others 3.7 33.5
484.76 668.54 760.59 5,710.11 7,623.99 4,231.91 933.96 1,015.70
Total 8,980.62 46,255.53 13,046.89 173,608.45 241,891.49 408,223.17 59,092.17 27,303.65 100.0 109.3
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA)
 TABLE 4. Total Approved Foreign Investments by Industry at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Industrya/ Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

A. Agriculture, Forestry and Fishing 3.62 1,208.93 96.60 - 1,309.15 499.68 478.24 - - -
B. Mining and Quarrying 0.50 - - - 0.50 - - - - -
C. Manufacturing 5,151.38 6,153.76 7,199.64 19,299.12 37,803.91 10,486.32 35,070.21 16,425.36 60.2 128.1
D. Electricity, Gas, Steam and Air
1,659.70 1,157.10 818.52 130.34 3,765.65 392,428.24 2,999.42 1,066.45 3.9 30.3
Conditioning Supply

E. Water Supply; Sewerage, Waste

- - - 36.60 36.60 54.93 - - - -
Management and Remediation Activities
F. Construction 0.24 2.13 1.26 3.10 6.73 - 8.80 3.21 0.0 154.8
G. Wholesale and Retail Trade; Repair of
100.00 0.29 109.71 349.07 559.07 285.08 298.23 27.75 0.1 -74.7
Motor Vehicles and Motorcycles
H. Transportation and Storage 0.92 14,523.94 0.02 59.26 14,584.14 20.87 2,105.92 72.31 0.3 **
I. Accommodation and Food Service
- 81.48 42.26 0.52 124.26 7.80 2.24 231.67 0.8 448.2
Activities
J. Information and Communication 100.94 19.89 1.47 114,290.94 114,413.23 90.69 13,921.31 24.29 0.1 **
K. Financial and Insurance Activities 34.02 62.33 45.63 25.13 167.11 51.30 29.64 72.37 0.3 58.6
L. Real Estate Activities 942.56 19,295.01 1,348.53 35,567.64 57,153.74 537.09 486.27 4,223.87 15.5 213.2
M. Professional, Scientific and Technical
1.28 0.07 0.13 - 1.47 113.06 179.08 112.31 0.4 **
Activities
N. Administrative and Support Service
977.37 3,749.98 3,379.22 3,843.88 11,950.44 3,647.23 3,332.48 4,278.11 15.7 26.6
Activities
O. Public Administration and Defense;
- - - - - - - - - -
Compulsory Social Security
P. Education 8.09 - - - 8.09 - 179.89 665.96 2.4 -
Q. Human Health and Social Work
- 0.30 - - 0.30 - - - - -
Activities
R. Arts, Entertainment and Recreation - - - - - - 0.09 - - -
S. Other Service Activities - 0.32 3.91 2.87 7.10 0.89 0.35 100.00 0.4 **
Total 8,980.62 46,255.53 13,046.89 173,608.45 241,891.49 408,223.17 59,092.17 27,303.65 100.0 109.3
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000
a/ The 2019 updates of the 2009 Philippine Standard Industrial Classification (PSIC) was adopted in classifying the industry.
Table 5. Total Approved Foreign Investments by Region at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Region Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

NCR - National Capital Region 766.86 732.94 2,235.57 1,329.29 5,064.66 1,666.30 3,123.72 2,475.87 9.1 10.7
CAR - Cordillera Administrative Region - - - - - - 12.25 - - -
I - Ilocos Region - 875.46 78.46 32,659.34 33,613.25 - 2,304.27 - - -
II - Cagayan Valley 1,659.70 80.28 - 85.03 1,825.01 - - 4.97 0.0 -
III - Central Luzon 651.19 33,935.29 3,016.89 5,703.29 43,306.66 3,276.53 2,857.85 6,128.88 22.4 103.2
IVA - CALABARZON 4,869.76 3,701.21 6,599.90 30,711.44 45,882.31 107,026.90 14,638.24 14,558.65 53.3 120.6
MIMAROPA - - - 28.42 28.42 - - - - -
V - Bicol Region - - - - - - - - - -
VI - Western Visayas - 1,181.98 281.55 456.14 1,919.67 293,259.12 646.64 126.43 0.5 -55.1
VII - Central Visayas 986.59 3,938.27 284.67 687.91 5,897.43 1,895.49 272.21 3,865.94 14.2 **
VIII - Eastern Visayas - - - - - - - - - -
IX - Zamboanga Peninsula - - - - - 27.79 - 112.31 0.4 -
X - Northern Mindanao - 985.70 - 8.60 994.30 499.68 478.24 - - -
XI - Davao Region 46.53 532.94 549.85 486.12 1,615.44 258.02 1,170.78 30.60 0.1 -94.4
XII - SOCCSKSARGEN - - - 64.85 64.85 313.34 19,386.20 - - -
XIII - Caraga - - - - - - - - - -
BARMM - Bangsamoro Autonomous
-
Region in Muslim Mindanao - 291.45 - 30.22 321.68 - 358.97 - -
Nationwide - - - 101,357.80 101,357.80 - 13,842.80 - - -
Total 8,980.62 46,255.53 13,046.89 173,608.45 241,891.49 408,223.17 59,092.17 27,303.65 100.0 109.3
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA)
 TABLE 6. Employment from Approved Projects with Foreign Interest:
First Quarter 2022 to Third Quarter 2023

2022 2023 Share to Growth Rate (%)

Agency Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

AFAB - - - 314 314 - - 103 0.5 -

BCDA - - - - - - - - - -
BOI 5,620 2,200 4,636 15,414 27,870 12,391 6,092 7,526 39.2 62.3
BOI-BARMM - 332 - 48 380 - 1,348 - - -
CDC 738 480 1,919 896 4,033 597 3,644 2,246 11.7 17.0
CEZA - - - - - - - 3 0.0 -
CIAC - - - 300 300 - 95 - - -
JHMC - - - - - - - - - -
PEZA 3,168 9,482 11,252 5,216 29,118 4,680 9,768 7,310 38.1 -35.0
PPMC - - - - - - - - - -
SBMA 129 132 187 1,476 1,924 1,741 250 1,926 10.0 929.9
TIEZA - - - - - - - - - -
ZCSEZA - - - - - 20 - 78 0.4 -
Total 9,655 12,626 17,994 23,664 63,939 19,429 21,197 19,192 100.0 6.7
Dash (-) is equivalent to zero
r - Revised

TABLE 7. Total Approved Investments of Foreign and Filipino Nationals by Investment Promotion Agency at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Agency Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1 r
Q2 Q3 Q3 2023 Q3 2023

AFAB - 179.22 756.00 768.50 1,703.72 - 10,607.20 71.75 0.1 -90.5

BCDA - - - - - - - - - -
BOI 181,651.98 48,425.28 132,307.77 366,702.50 729,087.53 463,310.29 235,029.58 43,639.62 52.3 -67.0
BOI-BARMM 474.11 734.13 - 75.55 1,283.80 604.79 2,131.65 340.32 0.4 -
CDC 324.13 194.17 1,476.31 564.00 2,558.60 1,083.80 364.50 1,092.84 1.3 -26.0
CEZA - 402.00 68.00 - 470.00 107.00 - 522.91 0.6 669.0
CIAC - - - 236.50 236.50 - 18.27 - - -
JHMC - - - - - - - - - -
PEZA 8,141.94 14,347.06 17,142.97 101,068.11 140,700.08 12,537.99 68,046.92 30,622.16 36.7 78.6
PPMC 5.00 - - - 5.00 - - - - -
SBMA 168.45 35,354.08 7,429.19 7,244.91 50,196.62 2,770.60 997.70 6,492.96 7.8 -12.6
TIEZA - - - 1,736.89 1,736.89 - - 565.58 0.7 -
ZCSEZA - - 202.99 6,131.77 6,334.76 68.00 31.60 149.92 0.2 -26.1
Total 190,765.61 99,635.94 159,383.22 484,528.74 934,313.51 480,482.47 317,227.42 83,498.06 100.0 -47.6
Dash (-) is equivalent to zero
r - Revised
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
 TABLE 8. Total Approved Investments by Nationality (Filipino and Foreign) and by Investment Promotion Agency at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022
Agency 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

AFAB - - - 179.22 - 179.22 756.00 - 756.00 618.50 150.00 768.50

BCDA - - - - - - - - - - - -
BOI 177,325.03 4,326.95 181,651.98 44,862.43 3,562.86 48,425.28 130,149.37 2,158.40 132,307.77 238,572.21 128,130.29 366,702.50
BOI-BARMM 474.11 - 474.11 442.68 291.45 734.13 - - - 45.33 30.22 75.55
CDC 252.75 71.38 324.13 98.17 96.00 194.17 112.11 1,364.19 1,476.31 421.57 142.42 564.00
CEZA - - - 402.00 - 402.00 68.00 - 68.00 - - -
CIAC - - - - - - - - - 236.48 0.02 236.50
JHMC - - - - - - - - - - - -
PEZA 3,668.48 4,473.46 8,141.94 5,024.65 9,322.40 14,347.06 7,894.81 9,248.16 17,142.97 59,603.85 41,464.27 101,068.12
PPMC 5.00 - 5.00 - - - - - - - - -
SBMA 59.62 108.83 168.45 2,371.27 32,982.81 35,354.08 7,153.05 276.13 7,429.19 3,553.68 3,691.23 7,244.91
TIEZA - - - - - - - - - 1,736.89 - 1,736.89
ZCSEZA - - - - - - 202.99 - 202.99 6,131.77 - 6,131.77
Total 181,784.98 8,980.62 190,765.61 53,380.42 46,255.53 99,635.94 146,336.34 13,046.89 159,383.22 310,920.28 173,608.45 484,528.74
% Share to
Total 95.3 4.7 100.0 53.6 46.4 100.0 91.8 8.2 100.0 64.2 35.8 100.0

2023 Growth Rate (%)

Agency 1st Quarterr 2nd Quarter 3rd Quarter Q3 2022 - Q3 2023
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

AFAB - - - 10,607.20 - 10,607.20 36.50 35.25 71.75 -95.2 - -90.5

BCDA - - - - - - - - - - - -
BOI 62,455.14 400,855.15 463,310.29 212,700.97 22,328.61 235,029.58 39,895.59 3,744.03 43,639.62 -69.3 73.5 -67.0
BOI-BARMM 604.79 - 604.79 1,772.68 358.97 2,131.65 340.32 - 340.32 - - -
CDC 922.57 161.23 1,083.80 170.03 194.47 364.50 124.67 968.17 1,092.84 11.2 -29.0 -26.0
CEZA 107.00 - 107.00 - - - 517.94 4.97 522.91 661.7 - 669.0
CIAC - - - 1.83 16.44 18.27 - - - - - -
JHMC - - - - - - - - - - - -
PEZA 7,945.28 4,592.72 12,537.99 32,294.25 35,752.66 68,046.92 12,289.07 18,333.09 30,622.16 55.7 98.2 78.6
PPMC - - - - - - - - - - - -
SBMA 183.72 2,586.88 2,770.60 556.69 441.01 997.70 2,387.12 4,105.84 6,492.96 -66.6 ** -12.6
TIEZA - - - - - - 565.58 - 565.58 - - -
ZCSEZA 40.80 27.20 68.00 31.60 - 31.60 37.61 112.31 149.92 -81.5 - -26.1
Total 72,259.30 408,223.17 480,482.47 258,135.25 59,092.17 317,227.42 56,194.41 27,303.65 83,498.06 -61.6 109.3 -47.6
% Share to
Total 15.0 85.0 100.0 81.4 18.6 100.0 67.3 32.7 100.0
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000

TABLE 9. Total Approved Investments of Foreign and Filipino Nationals by Industry at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Industrya/ Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

A. Agriculture, forestry and fishing 353.95 2,865.59 196.88 427.36 3,843.78 929.01 12,837.14 1,761.78 2.1 794.8
B. Mining and quarrying 0.50 - - 12.50 13.00 - - 20.00 0.0 -
C. Manufacturing 7,390.91 17,701.00 10,776.71 23,122.23 58,990.85 24,059.95 39,921.24 18,517.42 22.2 71.8
D. Electricity, gas, steam and air 172,022.74 22,075.04 125,978.66 96,029.50 416,105.94 440,151.42 96,447.88 38,227.81 45.8 -69.7
conditioning supply
E. Water supply; sewerage, waste 96.26 8.00 - 731.90 836.16 54.93 992.47 - - -
management and remediation
activities

F. Construction 17.60 2.20 13.15 38.93 71.88 - 8.80 8.03 0.0 -39.0
G. Wholesale and retail trade; repair 106.39 2,117.41 231.64 4,378.60 6,834.04 571.12 3,481.71 91.07 0.1 -60.7
of motor vehicles and motorcycles

H. Transportation and storage 124.04 17,445.83 548.42 27,524.52 45,642.80 1,271.49 20,271.64 87.66 0.1 -84.0
I. Accommodation and food service 128.38 503.81 3,101.77 4,569.18 8,303.15 396.59 3,152.82 3,759.17 4.5 21.2
activities
J. Information and communication 116.14 4,357.59 239.88 198,737.04 203,450.65 147.81 95,499.19 136.81 0.2 -43.0
K. Financial and insurance activities 34.02 79.32 45.63 25.93 184.90 52.30 29.64 83.17 0.1 82.3
L. Real estate activities 8,555.84 28,116.47 13,085.13 96,012.14 145,769.57 7,932.54 34,257.20 12,978.90 15.5 -0.8
M. Professional, scientific and 2.05 2.20 0.32 19.60 24.17 220.06 895.38 112.78 0.1 **
technical activities
N. Administrative and support service 1,791.66 3,955.05 3,608.15 29,998.82 39,353.68 3,975.33 3,639.21 4,758.87 5.7 31.9
activities
O. Public administration and defense; - - - 2.00 2.00 - - - -
compulsory social security -
P. Education 8.81 - - - 8.81 - 449.73 686.76 0.8 -
Q. Human health and social work 14.02 2.80 1,547.29 2,644.66 4,208.77 30.76 5,205.75 2,010.11 2.4 29.9
activities
R. Arts, entertainment and recreation 1.00 402.00 - 1.47 404.47 680.00 130.43 1.00 0.0 -
S. Other service activities 1.30 1.64 9.59 252.37 264.90 9.16 7.18 256.70 0.3 **
Total 190,765.61 99,635.94 159,383.22 484,528.74 934,313.51 480,482.47 317,227.42 83,498.06 100.0 -47.6
Dash (-) is equivalent to zero
r - Revised
**Growth rates greater than 1,000
a/
The 2009 Philippine Standard Industrial Classification (PSIC) is adopted in classifying the industry.
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
 TABLE 10. Total Approved Investments of Foreign and Filipino Nationals by Region at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022 2023 Share to Growth Rate (%)

Region Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

NCR - National Capital Region 1,639.42 5,675.07 2,287.75 6,763.10 16,365.34 5,921.66 25,776.09 11,300.99 13.5 394.0
CAR - Cordillera Administrative Region - 2,205.75 - - 2,205.75 2,640.00 2,239.49 - - -
I - Ilocos Region 5,099.04 6,658.16 478.96 89,739.39 101,975.55 38,719.18 16,741.68 8,201.89 9.8 **
II - Cagayan Valley 4,328.96 838.89 68.00 1,928.22 7,164.07 107.00 21,254.71 522.91 0.6 669.0
III - Central Luzon 59,593.53 52,223.55 16,495.30 41,250.46 169,562.84 9,451.31 41,093.57 14,398.05 17.2 -12.7
IVA - CALABARZON 62,841.03 11,371.15 13,637.79 97,798.99 185,648.96 117,743.91 66,107.92 25,200.40 30.2 84.8
MIMAROPA 14.95 - - 1,183.10 1,198.05 - 201.19 150.09 0.2 -
V - Bicol Region 410.86 2,061.31 56,294.82 3,670.32 62,437.30 - - - - -
VI - Western Visayas - 2,933.54 512.51 4,947.70 8,393.75 293,326.17 13,422.96 798.16 1.0 55.7
VII - Central Visayas 1,008.59 5,270.15 3,335.20 921.88 10,535.81 2,443.91 28,832.57 4,882.67 5.8 46.4
VIII - Eastern Visayas 140.15 364.30 53,279.19 - 53,783.64 3,597.18 994.93 15,326.95 18.4 -71.2
IX - Zamboanga Peninsula - - 202.99 6,131.77 6,334.76 719.28 76.60 149.92 0.2 -26.1
X - Northern Mindanao 623.74 3,097.98 4,402.36 200.00 8,324.08 1,197.49 2,514.35 - - -
XI - Davao Region 201.12 4,103.21 1,901.69 1,637.84 7,843.86 3,697.25 1,638.84 440.71 0.5 -76.8
XII - SOCCSKSARGEN 53,940.11 118.45 1,362.88 64.85 55,486.29 313.34 19,806.65 - - -
XIII - Caraga 450.00 525.38 - - 975.38 - - 1,785.01 2.1 -
BARMM - Bangsamoro Autonomous 474.11 734.13 - 75.55 1,283.80 604.79 2,131.65 340.32 0.4 -
Region in Muslim Mindanao
Nationwide - 1,454.93 5,123.78 228,215.57 234,794.27 - 74,394.21 - - -
Total 190,765.61 99,635.94 159,383.22 484,528.74 934,313.51 480,482.47 317,227.42 83,498.06 100.0 -47.6
Dash (-) is equivalent to zero
r
- Revised
**Growth rates greater than 1,000
TABLE 11. Employment from Approved Investments of Foreign and Filipino Nationals:
First Quarter 2022 to Third Quarter 2023

2022 2023 Share to Growth Rate (%)

Agency Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

AFAB - 36 222 332 590 - 1,822 114 0.5 -48.6

BCDA - - - - - - - - - -
BOI 9,509 5,792 10,658 28,514 54,473 16,716 13,249 9,120 40.4 -14.4
BOI-BARMM 368 636 - 48 1,052 336 1,522 69 0.3 -
CDC 1,164 918 2,378 1,173 5,633 1,292 3,781 2,603 11.5 9.5
CEZA - 93 10 - 103 5 - 62 0.3 520.0
CIAC - - - 300 300 - 95 - - -
JHMC - - - - - - - - - -
PEZA 3,168 11,186 13,904 5,693 33,951 5,236 10,188 7,597 33.7 -45.4
PPMC 10 - - - 10 - - - - -
SBMA 207 433 967 1,733 3,340 1,865 361 2,452 10.9 153.6
TIEZA - - - 273 273 - - 442 2.0 -
ZCSEZA - - 319 190 509 20 200 112 0.5 -64.9
Total 14,426 19,094 28,458 38,256 100,234 25,470 31,218 22,571 100.0 -20.7
Dash (-) is equivalent to zero
r
- Revised

TABLE 12. Employment from Approved Investments of Foreign and Filipino Nationals by Industry:
First Quarter 2022 to Third Quarter 2023

2022 2023 Share to Growth Rate (%)

Industrya/ Total (%) Q3 2022 -
Q1 Q2 Q3 Q4 Total Q1r Q2 Q3 Q3 2023 Q3 2023

A. Agriculture, Forestry and Fishing 307 587 88 57 1,039 695 2,033 370 1.6 320.5
B. Mining and Quarrying 14 - - 7 21 - - 19 0.1 -
C. Manufacturing 4,487 5,341 7,984 8,828 26,640 7,971 10,979 8,382 37.1 5.0
D. Electricity, Gas, Steam and Air 1,430 706 1,669 416 4,221 453 703 287 1.3 -82.8
Conditioning Supply
E. Water Supply; Sewerage, Waste 65 15 - - 80 184 151 - - -
Management and Remediation Activities
F. Construction 23 4 9 217 253 - 2,440 12 0.1 33.3
G. Wholesale and Retail Trade; Repair of 88 111 117 456 772 499 391 129 0.6 10.3
Motor Vehicles and Motorcycles
H. Transportation and Storage 53 314 173 10,231 10,771 1,565 347 82 0.4 -52.6
I. Accommodation and Food Service 319 399 3,096 854 4,668 330 325 1,283 5.7 -58.6
Activities
J. Information and Communication 324 1,217 114 606 2,261 902 658 196 0.9 71.9
K. Financial and Insurance Activities - 51 - 9 60 5 - 13 0.1 -
L. Real Estate Activities 2,779 2,132 2,792 2,911 10,614 1 1,186 606 2.7 -78.3
M. Professional, Scientific and Technical 24 19 2 17 62 255 1,234 84 0.4 **
Activities
N. Administrative and Support Service 4,401 8,064 11,727 12,758 36,950 12,425 9,576 9,212 40.8 -21.4
Activities
O. Public Administration and Defense; - - - 2 2 - - - - -
Compulsory Social Security
P. Education 68 - - - 68 - 80 1,201 5.3 -
Q. Human Health and Social Work 26 13 637 834 1,510 20 1,015 652 2.9 2.4
Activities
R. Arts, Entertainment and Recreation 5 93 - - 98 100 63 19 0.1 -
S. Other Service Activities 13 28 50 53 144 65 37 24 0.1 -52.0
Total 14,426 19,094 28,458 38,256 100,234 25,470 31,218 22,571 100.0 -20.7
Dash (-) is equivalent to zero
r
- Revised
**Growth rates greater than 1,000
a/ The 2019 updates of the 2009 Philippine Standard Industrial Classification (PSIC) was adopted in classifying the industry.
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
 TABLE 13. Total Approved Foreign and Filipino Investments in the Information and Communications Technology (ICT) Industry by
Investment Promotion Agency at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022
Agency 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

AFAB - - - 179.22 - 179.22 - - - - - -

BCDA - - - - - - - - - - - -
BOI 98.25 834.57 932.82 4,152.30 76.84 4,229.14 310.10 1,153.98 1,464.08 84,379.89 114,259.59 198,639.48
BOI-BARMM - - - - - - - - - - - -
CDC 24.09 56.24 80.34 3.06 2.32 5.38 37.52 9.82 47.34 - - -
CEZA - - - 402.00 - 402.00 - - - - - -
CIAC - - - - - - - - - - - -
JHMC - - - - - - - - - - - -
PEZA 0.00 187.49 187.49 194.78 2,578.37 2,773.15 82.85 2,205.00 2,287.85 61.14 606.87 668.01
PPMC - - - - - - - - - - - -
SBMA 0.34 8.09 8.43 - - - 0.28 1.13 1.41 8.27 - 8.27
TIEZA - - - - - - - - - - - -
ZCSEZA - - - - - - - - - - - -
Total 122.68 1,086.39 1,209.07 4,931.36 2,657.53 7,588.89 430.75 3,369.92 3,800.67 84,449.30 114,866.46 199,315.76
% Share to Total 10.1 89.9 100.0 65.0 35.0 100.0 11.3 88.7 100.0 42.4 57.6 100.0

2023 Growth Rate (%)

Agency 1st Quarter 2nd Quarter 3rd Quarter Q3 2022 - Q3 2023
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

AFAB - - - - - - - - - - - -
BCDA - - - - - - - - - - - -
BOI - - - 81,556.14 14,992.46 96,548.61 - - - - - -
BOI-BARMM - - - - - - - - - - - -
CDC 106.09 7.07 113.16 1.89 - 1.89 - - - - - -
CEZA 107.00 - 107.00 - - - 58.16 - 58.16 - - -
CIAC - - - - - - - - - - - -
JHMC - - - - - - - - - - - -
PEZA 60.73 44.82 105.55 0.08 1,173.40 1,173.48 26.75 1,881.88 1,908.63 -67.7 -14.7 -16.6
PPMC - - - - - - - - - - - -
SBMA - - - 1.24 46.91 48.15 2.10 3.89 5.99 644.7 245.1 325.0
TIEZA - - - - - - - - - - - -
ZCSEZA - - - - - - - - - - - -
Total 273.81 51.89 325.70 81,559.35 16,212.77 97,772.12 87.01 1,885.77 1,972.78 -79.8 -44.0 -48.1
% Share to Total 84.1 15.9 100.0 83.4 16.6 100.0 4.4 95.6 100.0
Dash (-) is equivalent to zero

TABLE 14. Total Approved Foreign Investments in the Information and Communication Technology (ICT) and Non-ICT Industry by
Investment Promotion Agency at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022
Agency 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Non-ICT ICT TOTAL Non-ICT ICT TOTAL Non-ICT ICT TOTAL Non-ICT ICT TOTAL

AFAB - - - - - - - - - 150.00 - 150.00

BCDA - - - - - - - - - - - -
BOI 3,492.38 834.57 4,326.95 3,486.02 76.84 3,562.86 1,004.42 1,153.98 2,158.40 13,870.70 114,259.59 128,130.29
BOI-BARMM - - - 291.45 - 291.45 - - - 30.22 - 30.22
CDC 15.13 56.24 71.38 93.69 2.32 96.00 1,354.38 9.82 1,364.19 142.42 - 142.42
CEZA - - - - - - - - - - - -
CIAC - - - - - - - - - 0.02 - 0.02
JHMC - - - - - - - - - - - -
PEZA 4,285.97 187.49 4,473.46 6,744.03 2,578.37 9,322.40 7,043.16 2,205.00 9,248.16 40,857.40 606.87 41,464.27
PPMC - - - - - - - - - - - -
SBMA 100.74 8.09 108.83 32,982.81 - 32,982.81 275.00 1.13 276.13 3,691.23 - 3,691.23
TIEZA - - - - - - - - - - - -
ZCSEZA - - - - - - - - - - - -
Total 7,894.23 1,086.39 8,980.62 43,598.00 2,657.53 46,255.53 9,676.96 3,369.92 13,046.89 58,741.99 114,866.46 173,608.45
% Share to Total 87.9 12.1 100.0 94.3 5.7 100.0 74.2 25.8 100.0 33.8 66.2 100.0

2023 Growth Rate (%)

Agency 1st Quarterr 2nd Quarter 3rd Quarter Q3 2022 - Q3 2023
Non-ICT ICT TOTAL Non-ICT ICT TOTAL Non-ICT ICT TOTAL Non-ICT ICT TOTAL

AFAB - - - - - - 35.25 - 35.25 - - -

BCDA - - - - - - - - - - - -
BOI 400,855.15 - 400,855.15 7,336.15 14,992.46 22,328.61 3,744.03 - 3,744.03 272.8 - 73.5
BOI-BARMM - - - 358.97 - 358.97 - - - - - -
CDC 154.15 7.07 161.23 194.47 - 194.47 968.17 - 968.17 -28.5 - -29.0
CEZA - - - - - - 4.97 - 4.97 - - -
CIAC - - - 16.44 - 16.44 - - - - - -
JHMC - - - - - - - - - - - -
PEZA 4,547.90 44.82 4,592.72 34,579.26 1,173.40 35,752.66 16,451.21 1,881.88 18,333.09 133.6 -14.7 98.2
PPMC - - - - - - - - - - - -
SBMA 2,586.88 - 2,586.88 394.10 46.91 441.01 4,101.95 3.89 4,105.84 ** 245.1 **
TIEZA - - - - - - - - - - - -
ZCSEZA 27.20 - 27.20 - - - 112.31 - 112.31 - - -
Total 408,171.27 51.89 408,223.17 42,879.39 16,212.77 59,092.17 25,417.88 1,885.77 27,303.65 162.7 -44.0 109.3
% Share to Total 100.0 0.0 100.0 72.6 27.4 100.0 93.1 6.9 100.0
Dash (-) is equivalent to zero
r
- Revised
**Growth rates greater than 1,000
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),
and Zamboanga City Special Economic Zone Authority (ZCSEZA)
 TABLE 15. Total Approved Foreign and Filipino Investments in the Information and Communications Technology by Sub-Industry at Current Prices:
First Quarter 2022 to Third Quarter 2023
(in million PhP)

2022
Sub-industry 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

Information and 14.37 100.94 115.30 4,337.70 19.89 4,357.59 238.41 1.47 239.88 84,390.71 114,290.94 198,681.65
communication
IT Services 108.31 985.46 1,093.77 593.66 2,637.63 3,231.29 192.34 3,368.46 3,560.79 58.58 575.53 634.11
Manufacturing - - - - - - - - - - - -
Trade - - - - - - - - - - - -
Total 122.68 1,086.39 1,209.07 4,931.36 2,657.53 7,588.89 430.75 3,369.92 3,800.67 84,449.30 114,866.46 199,315.76
% Share to Total 10.1 89.9 100.0 65.0 35.0 100.0 11.3 88.7 100.0 42.4 57.6 100.0

2023 Growth Rate (%)

Sub-industry 1st Quarter 2nd Quarterr 3rd Quarter Q3 2022 - Q3 2023
Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total Filipino Foreign Total

Information and 120.15 24.73 144.88 81,554.25 13,850.74 95,404.99 78.01 1,063.79 1,141.80 -67.3 ** 376.0
communication

IT Services 153.67 27.16 180.83 5.10 2,362.03 2,367.13 9.00 821.98 830.98 -95.3 -75.6 -76.7
Manufacturing - - - - - - - - - - - -
Trade - - - - - - - - - - - -
Total 273.81 51.89 325.70 81,559.35 16,212.77 97,772.12 87.01 1,885.77 1,972.78 -79.8 -44.0 -48.1
% Share to Total 84.1 15.9 100.0 83.4 16.6 100.0 4.4 95.6 100.0
Dash (-) is equivalent to zero
r
- Revised
**Growth rates greater than 1,000

TABLE 16. Employment from Approved Foreign and Filipino Investments in the
Information and Communication Technology (ICT) by Sub-Industry:
First Quarter 2022 to Third Quarter 2023

2022 2023 Share to

Growth Rate (%)
Sub-industry Total (%)
Q3 2022 - Q3 2023
Q1 Q2 Q3 Q4 Total Q1 Q2 r
Q3 Q3 2023

Information and 314 1,217 114 522 2,167 350 497 300 21.2 163.2
communication
IT Services 4,044 8,065 11,614 1,421 25,144 748 6,262 1,116 78.8 -90.4
Manufacturing - - - - - - - - - -
Trade - - - - - - - - - -
Total 4,358 9,282 11,728 1,943 27,311 1,098 6,759 1,416 100.0 -87.9
Dash (-) is equivalent to zero
r
- Revised
Note: Details may not add up to totals due to rounding.
Sources: Authority of the Freeport Area of Bataan (AFAB), Bases Conversion and Development Authority (BCDA),
Board of Investments (BOI), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM),
Clark Development Corporation (CDC), Cagayan Economic Zone Authority (CEZA),
Clark International Airport Corporation (CIAC), John Hay Management Corporation (JHMC),
Philippine Economic Zone Authority (PEZA), Poro Point Management Corporation (PPMC),
Subic Bay Metropolitan Authority (SBMA), Tourism Infrastructure and Enterprise Zone Authority (TIEZA),