APPROVED investment pledges hit P1.15 trillion as of end-July, the Board of Investments said on Friday, surging by 65 percent from P699 billion a year earlier.The agency, which is targeting P1.6 billion in approvals this year, said the trillion-peso mark was topped via renewable energy and agribusiness projects and investments from a US equity fund and a major food conglomerate, among others.
'This focus on sustainability, and efficiency is also attracting a wave of foreign investment,' the BoI said.Engagement by other promotion agencies was also said to have led to high-profile registrations by companies such as Optum , Atento, Toyota Motor Philippines and the Macquarie Green Investment Group, and the BoI said that it had supported projects by Collins Aerospace, Dyson and Nitori Holdings Co.
Belgique Dernières Nouvelles, Belgique Actualités
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