Three Philippine SAF projects seek equity partners, says BoI
Three proposed sustainable aviation fuel projects in the Philippines are still looking for equity partners, according to the Board of Investments. The developers, using different technologies and feedstocks, hope to have the projects operational by 2030.
Three proposed sustainable aviation fuel (SAF) projects in the Philippines are still seeking equity partners, according to the Board of Investments (BoI), as their developers explore different production technologies.
“We are proactively supporting three projects in the Philippines. What’s interesting about these projects is that they are going to implement very different technology pathways,” BoI Supervising Investments Specialist Morinaella Jeusine M. Torgo told reporters on the sidelines of the ASEAN Transportation Forum 2026 last week.
She identified the developers as SAFAsia, Inc., Singapore-based clean fuel and carbon project developer Alcom, and Cavitoil Basura Power, Inc. Among the proposed developments is Cavitoil’s project, which would use solid waste as a feedstock for SAF production, Ms Torgo said.
The three developers were previously identified by the BoI during a SAF investment forum in October 2025, where they presented their proposed projects. The BoI official said the projects could be developed by 2030, although their implementation would depend on several factors, including securing investment partners. “Looking at a timeline, at least, hopefully, by 2030. There are a lot of factors involved. These three projects, there are project developers. They are still looking for equity partners,” she said.
The Philippines is seeking to establish domestic SAF production as the government considers requiring airlines to use a minimum blend of the alternative fuel by 2030. Earlier this month, the Department of Energy said it was considering a 1 per cent SAF blending requirement by 2030 to encourage investment in domestic production. The proposal remains under consideration, with the DoE working on a regulatory framework for SAF production and adoption.
The Civil Aviation Authority of the Philippines, meanwhile, has been pursuing cooperation with industry groups and other organisations to support the development of SAF in the country. SAF can be produced from feedstocks such as agricultural waste and used cooking oil. Depending on the production process and feedstock, it can reduce lifecycle greenhouse gas emissions compared with conventional jet fuel. The International Air Transport Association estimates that SAF could account for about 65 per cent of the emissions reductions needed for the global aviation industry to achieve net-zero carbon emissions by 2050.
