The One-Stop Action Center for Strategic Investments (OSAC-SI) of the Board of Investments (BOI) now has over P639 billion worth of projects lined up for green lane endorsement.

Data shared by BOI Director Ernesto delos Reyes said these potential investments come from 30 projects in the sectors of renewable energy (RE), manufacturing, and food security, which are part of the priority economic activities of the Marcos administration.

The OSAC-SI processes and issues Certificate of Green Lane Endorsement to strategic investments so their permits and other documentary requirements in national government agencies and local government units could be expedited.

This came following President Ferdinand R. Marcos Jr.’s issuance of Executive Order (EO) 18 in 2023.

Majority [or 24] of the applications are projects under the renewable energy sector, representing 80 percent of the projects for green lane in the pipeline,” delos Reyes said on Sunday.

RE projects in the pipeline for green lane endorsement have so far amounted to P584.56 billion.

Two of the renewable energy projects are wholly owned by Canadian and Singaporean investors with investment value of P7.5 billion,” the BOI official added.

Moreover, there are four manufacturing projects with a total investment value of P54.3 billion, while two food security projects amounted to P220 million.

Evaluation of applications to the green lane includes determination of the projects' qualifications as strategic investments and the proponents' capability to undertake the project from pre-development and construction until commercial operations,” delos Reyes said.

As of end-2024, the OSAC-SI has endorsed P4.51 trillion worth of green lane projects. 

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