Investment pledges up 40% in January-May period – BOI - News Summed Up

Investment pledges up 40% in January-May period – BOI


Investment pledges up 40% in January-May period – BOI 0 SHARES Share it! Share TweetBy Bernie Cahiles-MagkilatTotal approved investments recorded by the Philippine Board of Investments (BOI) from January to May 2019 reached P290.6 billion, a 40.1 percent increase from P207.5 billion in the same period last year. “Power projects are essential as it fuels the Build, Build, Build program of the government and the demands of a growing population. Region IVA – Calabarzon remains the top investment destination with P200.9 billion, followed by Region III- Central Luzon (P27.1 billion) and National Capital Region (P7.9 billion). Completing the top five are Region VII – Central Visayas (P5.7 billion) and Region II – Cagayan Valley (P4.4 billion).


Source: Manila Bulletin June 11, 2019 13:52 UTC



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