According to greenfield investment monitor fDi Markets, FDI into the Philippines has increased significantly in recent years. The number of FDI projects recorded rose year-on-year between 2011 and 2014, as did the number of jobs created and capital expenditure (capex) invested. In 2011, a total of 81 investment projects were recorded by 74 investing companies, creating 20,982 jobs. Total capex for the year stood at $4.2bn.
During 2012, 77 companies invested in the Philippines creating 30,451 jobs through 96 FDI projects. The number of jobs generated, companies investing and projects recorded increased in 2012, compared with 2011, while total capex fell by just 0.76% to $4.12bn.
The following year, 138 investment projects were recorded by 97 companies, producing 26,584 jobs. The number of jobs created fell in 2013 compared with 2012, and the total capex further decreased from 2011 and 2012 figures to $3.91bn.
In 2014, 38,792 jobs were created in 160 FDI projects by 147 companies. The total capex nearly doubled from the previous year to $7.42bn. Over the whole four-year period, the number of projects recorded increased by 97.53%, the number of jobs created increased by 84.88% and the number of companies investing rose by 98.65%, representing significant increases in investment levels. The total capex also increased by 78.51%.