DTI revisits P1.75-T investment target for 2025
MANILA, Philippines — The Department of Trade and Industry (DTI) on Monday said it plans to review its target of P1.75 trillion in investments for this year, citing the need to reassess projections amid evolving economic conditions. Trade Secretary Cristina Roque said she was set to convene the different government investment promotion agencies under her office to discuss the matter. “It’s to review. To really see also how we can, of course, go higher,” Roque told reporters on the sidelines of the joint ceremonial signing in Makati for the government’s investment facilitation framework. During the same event, Secretary Frederick Go of the Office of the Special Assistant to the President for Investment and Economic Affairs said investment promotion agencies generated a total of P1.9 trillion in registered investments in 2024. “This is great news, but at the same time, it is a challenge because now that becomes the base, that is now the statistic that we have to beat in 2025 and all the way to 2028,” Go said in his speech during the event. During the event, the DTI led the ceremonial signing of a joint memorandum for the Investments Facilitation Network, or the INFA-Net, which brings together 38 government agencies to improve the investment environment in the Philippines. “This JMC formalizes a more coordinated, transparent and timely approach to progressing strategic investment applications, aligning with the Bagong Pilipinas vision of streamlined regulatory processes and reduced red tape,” Roque said in her speech. Aside from this measure, The DTI is also scaling up its efforts to equip local exporters with the updated tools and knowledge to succeed amid the growing complexity of global trade. This support includes specialized programs, digital solutions, and participation in international engagements. “Our commitment is to empower every Filipino exporter with the essential tools, crucial knowledge and expanded market access necessary to excel on the global stage,” Roque said in a separate statement. “Through a concerted effort in accelerating export and research and development, cultivating strong strategic alliances, and prioritizing talent development across the sector, we are not merely overcoming current trade hurdles,” she added. (2025/06/03-02:10)
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