UK offers £8-B investment- partnerships funding for PHL | BusinessMirror

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The United Kingdom (UK) is eyeing viable green-energy and infrastructure projects where the British Investment Partnerships’ (BIP) £8-billion fund can be placed. Know more:

THE United Kingdom is eyeing viable green-energy and infrastructure projects where the British Investment Partnerships’ £8-billion fund can be placed.

“The Philippines is an economic and environmental powerhouse, which stands on the frontline of climate change and other global challenges,” Trevelyan said. “Through [BIP, we will support local development of high-quality, sustainable infrastructure to accelerate the transition to clean energy while securing] a prosperous and resilient future.”

The British envoy said the Philippines’s share in the billion-pound BIP fund will rely on the projects where UK companies will be keen in placing their monies.

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