BOI confident of hitting P680-B investment goal 26 SHARES Share it! Share TweetBy Bernie Cahiles-MagkilatThe Board of Investments (BOI) has approved P575 billion in new investment pledges as of mid-November this year making it on track to hit its overall 2018 goal of P680 billion. Rodolfo expressed confidence of hitting the target citing big ticket investment leads in the pipeline such as new projects on major construction materials and infrastructure projects. The P575-billion approved investment pledges were higher by 26 percent compared to investments approved in the same period last year, he added. “After the record-breaking investment approval figure of P617 billion in 2017, the agency is still pretty confident of hitting its investment target of P680 billion for this year.
Source: Manila Bulletin November 25, 2018 13:52 UTC