2. Q4 2020 AFI Report Signed.Pdf
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The Foreign Investments in the Philippines is a quarterly publication prepared by the Macroeconomic Accounts Service of the PHILIPPINE STATISTICS AUTHORITY (PSA). For technical inquiries, please contact us at: (632) 8376-1954 or email us at [email protected]. TERMS OF USE OF PSA PUBLICATIONS The PSA reserves its exclusive right to reproduce all its publications in whatever form. Any part of this publication should not be reproduced, recopied, lent or repackaged for other parties for any commercial purposes without written permission from the PSA. Any part of this publication may only be reproduced for internal use of the recipient/customer company. Should any portion of the data in this publication are to be included in a report/article, the title of the publication and the PSA as publisher should be cited as the source of the data. Any information derived from the processing of data contained in this publication will not be the responsibility of PSA. ISSN 1655-8928 Published by the Philippine Statistics Authority Cyberpod Centris Three, EDSA Cor. Quezon Avenue, Quezon City Philippines 24 February 2021 The Foreign Investments in the Philippines is available in printed and electronic formats (Excel/Word/PDF in CDRom). Back issues of this publication are available for purchase. For details, please contact us at (632) 8462-6600 loc 820 or at [email protected]. TABLE OF CONTENTS PAGE Foreword Summary 1-2 Analysis 3-16 Technical Notes 17-23 Tables 24-25 Table 1A Total Approved Foreign Investments by Investment Promotion Agency: 26-28 First Quarter 1996 to Fourth Quarter 2020, in million pesos Table 1B Total Approved Foreign Investments by Investment Promotion Agency: 29 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 1C Total Approved Foreign Investments by Investment Promotion Agency: 29 First Quarter 2018 to Fourth Quarter 2020, in million pesos Table 2A Total Approved Foreign Investments by Country of Investor: 30 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 2B Total Approved Foreign Investments by Country of Investor: 30 2019 and 2020, in million pesos Table 3A Total Approved Foreign Investments by Industry: 31 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 3B Total Approved Foreign Investments by Industry: 31 2019 and 2020, in million pesos Table 4A Total Approved Foreign Investments by Region: 32 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 4B Total Approved Foreign Investments by Region: 32 2019 and 2020, in million pesos Table 5A Projected Employment from Approved Projects with Foreign Interest: 33 First Quarter 2019 to Fourth Quarter 2020 Table 5B Projected Employment from Approved Projects with Foreign Interest: 33 2019 and 2020 Table 6A Total Approved Investments of Foreign and Filipino Nationals by 34 Investment Promotion Agency: First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 6B Total Approved Investments of Foreign and Filipino Nationals by 34 Investment Promotion Agency: 2019 and 2020, in million pesos Table 7A Total Approved Investments by Nationality (Filipino and Foreign) by 35 Investment Promotion Agency: First Quarter 2019 to Fourth Quarter 2020, in million pesos PAGE Table 7B Total Approved Investments by Nationality (Filipino and Foreign) by 35 Investment Promotion Agency: 2019 and 2020, in million pesos Table 8A Total Approved Investments of Foreign and Filipino Nationals by Industry: 36 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 8B Total Approved Investments of Foreign and Filipino Nationals by Industry: 36 2019 and 2020, in million pesos Table 9A Total Approved Investments of Foreign and Filipino Nationals by Region: 37 First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 9B Total Approved Investments of Foreign and Filipino Nationals by Region: 37 2019 and 2020, in million pesos Table 10A Projected Employment from Approved Investments of Foreign and 38 Filipino Nationals: First Quarter 2019 to Fourth Quarter 2020 Table 10B Projected Employment from Approved Investments of Foreign and 38 Filipino Nationals: 2019 and 2020 Table 11A Projected Employment from Approved Investments of Foreign and 39 Filipino Nationals by Industry: First Quarter 2019 to Fourth Quarter 2020 Table 11B Projected Employment from Approved Investments of Foreign and 39 Filipino Nationals by Industry: 2019 and 2020 Table 12A Total Approved Foreign and Filipino Investments in the Information and 40 Communications Technology (ICT) Industry by Investment Promotion Agency: First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 12B Total Approved Foreign and Filipino Investments in the Information and 40 Communications Technology (ICT) Industry by Investment Promotion Agency: 2019 and 2020, in million pesos Table 13A Total Approved Foreign Investments in the Information and Communications 41 Technology (ICT) and Non- ICT Industry by Investment Promotion Agency: First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 13B Total Approved Foreign Investments in the Information and Communications 41 Technology (ICT) and Non- ICT Industry by Investment Promotion Agency: 2019 and 2020, in million pesos Table 14A Total Approved Foreign and Filipino Investments in the Information and 42 Communications Technology (ICT) Industry by Sub-Industry: First Quarter 2019 to Fourth Quarter 2020, in million pesos Table 14B Total Approved Foreign and Filipino Investments in the Information and 42 Communications Technology (ICT) Industry by Sub-Industry: 2019 and 2020, in million pesos Table 15A Projected Employment from Approved Foreign and Filipino Investments 43 in the Information and Communications Technology (ICT) by Sub-Industry: First Quarter 2019 to Fourth Quarter 2020 Table 15B Projected Employment from Approved Foreign and Filipino Investments in 43 the Information and Communications Technology (ICT) by Sub-Industry: 2019 and 2020 FOREWORD The Foreign Investments (FI) Report is one of the statistical reports maintained by the Philippine Statistics Authority (PSA). It contains 31 tables which are updated and released quarterly. It integrates the quarterly statistical reports on approved investments submitted by government agencies working on investment promotion, administration, and regulation. It provides an analysis on investments of foreign and Filipino nationals approved by the seven investment promotion agencies (IPAs), namely: Board of Investments (BOI), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), Subic Bay Metropolitan Authority (SBMA), Authority of the Freeport Area of Bataan (AFAB), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM), and Cagayan Economic Zone Authority (CEZA). The FI Report hopes to cover more investment promotion agencies to support the information needs of our data users. We encourage the readers to give their comments and suggestions on the improvement of this report. DENNIS S. MAPA, Ph.D. Undersecretary National Statistician and Civil Registrar General Quezon City, Philippines February 2021 Approved Foreign Investments, Q4 2020 Approved Foreign Investments in the Philippines Fourth Quarter 2020 Summary Total Approved Foreign Investments (FI)1, Fourth Quarter and Annual 2020 Total foreign investments (FI) approved in the fourth quarter of 2020 by the investment promotion agencies (IPAs), namely: Board of Investments (BOI), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), Subic Bay Metropolitan Authority (SBMA), Authority of the Freeport Area of Bataan (AFAB), BOI-Bangsamoro Autonomous Region in Muslim Mindanao (BOI-BARMM), and Cagayan Economic Zone Authority (CEZA) declined to PhP 36.49 billion. This was lower by -67.5 percent compared with PhP 112.11 billion in the same period of the previous year. Meanwhile, the total approved FI for 2020 reached PhP 112.1 billion or lower by -71.3 percent compared with the PhP 390.1 billion recorded in the same period of the previous year. The top three prospective investing countries for the fourth quarter of 2020 are United States of America (USA), Taiwan and Japan. The USA committed PhP 13.4 billion or 36.7 percent of the total FI. Meanwhile, Taiwan and Japan pledged PhP 4.4 billion (12.1%) and PhP 4.3 billion (11.7%) of the total FI, respectively. The USA ranked first with investment commitments reaching PhP 35.4 billion or 31.5 percent of the total FI in 2020. This was followed by China (PROC)2 with investment pledges amounting to PhP 15.6 billion (13.9%), and United Kingdom (UK) with investment pledges reaching PhP 13.1 billion (11.7%), respectively. Transportation and Storage would receive the largest amount of approved FI in the fourth quarter of 2020, amounting to PhP 14.0 billion or 38.4 percent of the total FI. Manufacturing came in second with investment pledges valued at PhP 10.4 billion (28.4%). This was followed by FI commitments to Real Estate Activities amounting to PhP 7.0 billion (19.1%). About this report Inside th This report is the 95 of a series on quarterly statistics on approved foreign Part I - Analysis investments (FI) in the Philippines, integrating the quarterly statistical reports on FI submitted by the government’s investments promotion, administration A. Approved foreign and regulation agencies. investments…………………………...... 3 to 10 B. Approved investments of foreign and Filipino It provides an analysis of the Foreign Investments (FI) and investments by nationals………………………………... 10 to 14 Filipinos approved by the Board of Investments