News Formal

BOI confident of hitting P1.6-T investment approvals target for 2024

  • 📰 gmanews
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Investment News

Investment Pledges

Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.

The Board of Investments has expressed optimism that it will achieve its target of P1.6 trillion worth of investment pledges approved for the entire year, banking on the expected influx of foreign investments in the country’s renewable energy and infrastructure sectors.“We're confident that we will reach the P1.

"The BOI head said that renewable energy projects seeking green lane endorsement alone could help the investment promotion agency hit its goal for the year.As of September this year, some P4.13 trillion worth of investments secured green lane certifications, over a year since an executive order creating green lanes to fast track processing of strategic investments was released.A total of P3.74 trillion worth of projects in the green lane pipeline are in the renewable energy sector.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mang Inasal shines as the only Philippine restaurant winner at International Business Awards 2024The fast-food chain was recognized for its groundbreaking marketing and innovative community engagement efforts
Source: rapplerdotcom - 🏆 4. / 86 Read more »