The increase in investments pledged by both foreign and Filipino nationals brought the total approved investments to expand by 119.8 percent in the fourth quarter of 2007, from PhP 77.8 billion to PhP 171.0 billion. Investment pledges were dominated by foreign investors, contributing PhP102.6 billion or 60 percent of the total investments. Filipino investments during the quarter tallied at PhP 68. 4 billion, 13.1 percent higher than the PhP 60.5 billion registered in the same quarter in 2006.

Total Approved Investments by Foreign and Filipino Nationals:
Fourth Quarter 2006 and 2007

A considerable amount of investment commitments worth PhP 136.1 billion from Filipino and foreign investors in the fourth quarter of 2007 were coursed through the BOI.  The amount represented 79.6 percent of the total approved investments for the quarter.  The rest of the investment pledges amounting to PhP 34.9 billion were registered through the PEZA, SBMA, and CDC.

A total of 42,394 new jobs are expected to come from the combined foreign and Filipino investment projects approved during the quarter, an increase of 19.9 percent from 35,361 jobs expected in the same quarter of 2006.