Jurisdiction(s):
United Kingdom

Philippine foreign investment regime: sectoral ownership limits, national security screening, recent liberalisations, SEC licensing and PCC merger thresholds

Published by a LexisNexis Competition expert

Practice notes

1. What is the applicable legislation?

The main laws governing foreign direct investment (FDI) in the Philippines include:

Republic Act (RA) No. 7042, as amended by RA No. 11647, known as the Foreign Investment Act 1991 (FIA), together with the FIA’s Implementing Rules and Regulations (IRR), which serve as the primary framework regulating foreign investment in the Philippines.

The FIA seeks to regulate and advance the State’s policy on productive foreign investment in activities that meaningfully drive sustainable, inclusive, resilient, and innovative economic growth, enhanced productivity, global competitiveness, employment generation, technological development, and nationwide progress, to the extent such investment in a given activity is permitted by the Constitution and pertinent laws, and in a manner consistent with the protection of national security...

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Andrea Katipunan

C&G Law

Andrea is a partner of C&G Law and a key member of the firm’s General Corporate Practice Group, Energy, Construction & Infrastructure Sector Group, and TMT & Fintech Sector Group. Andrea has extensive experience on energy, construction and infrastructure matters, mergers & acquisitions and competition and antitrust. She regularly advises clients, particularly in the energy sector, on various mattes, e.g., purchase and sale of shares or assets, financing, construction of power plants and related facilities, and regulatory compliance. Andrea also has experience working abroad. In 2017, Andrea was seconded to the Competition and Trade department of Rajah & Tann Singapore LLP. In 2019, as part of a team of post-graduate students from the Master of Business Administration program of Instituto de Empresa, Andrea worked in South Africa for a socially oriented enterprise. Andrea was named an Up and Coming Lawyer for Projects,...

Web page updated on 21/05/2026

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