The Department of Trade and Industry (DTI), through the Board of Investments (BOI), said Tuesday, Dec. 23, that it has endorsed 29 new investment projects worth P124.81 billion, with information technology–business process management (IT-BPM) and digital services expected to account for the largest share of new jobs.
Department of Trade and Industry (DTI) secretary and BOI chairman Cristina Roque said the projects, endorsed last week and subject to final board approval, are projected to generate 4,444 jobs nationwide, many of them in technology-enabled services such as customer experience management, technical support, remote staffing, and managed services.
The latest endorsements bring total BOI-approved investments for the year to P977 billion, reinforcing the Philippines’ position as a regional hub for globally traded services and technology-driven industries.
While the endorsed portfolio spans multiple priority sectors, BOI data shows that IT-BPM and digital services projects across Metro Manila, Central Luzon, the Cordillera Administrative Region, and Cebu are set to deliver the bulk of employment.
These projects support the continued shift of the local IT-BPM industry toward higher-value services, including tech support, digital operations, and specialized back-office functions.
The investment list also includes projects that strengthen the country’s digital and physical backbone, including transport and logistics assets and power infrastructure critical to supporting technology operations.
Large-scale renewable energy projects — covering wind, solar, waste-to-energy, and battery energy storage — are expected to enhance grid reliability for data-intensive industries such as IT-BPM, data centers, and digital platforms.
According to the DTI, improved energy security and connectivity remain key enablers for sustaining growth in the IT-BPM sector, which continues to expand beyond traditional urban centers into emerging regional hubs.
Roque said the steady pace of endorsements reflects sustained investor confidence in the Philippines’ technology workforce and services ecosystem.
“The projects we are endorsing — particularly in IT-BPM and digital services — translate directly into quality jobs for Filipinos and stronger participation in the global digital economy,” Roque said.
She added that several high-value projects, including technology- and infrastructure-led investments, remain under evaluation and are expected to further lift total investment figures as the year closes and into the next.
