Tag: Board of Investments

BOI approves three petrochemical projects worth Php15.8B

MAKATI, Dec. 27 –  The Board of Investments (BOI) recently approved three petrochemical projects of conglomerate JG Summit Holdings Inc. (JGSHI) worth Php15.8 billion. Two pioneering projects of wholly-owned JGSHI subsidiary JG Summit Petrochemical Corp. (JGSPC) got the nod under the Preferred Activities of the existing Investment Priorities Plan (IPP) with the endorsement of the Department of Science and Technology (DOST). The first JGSPC project is a Php4.2 billion plant for the production of butadiene […]

BOI approves 144 renewable energy investments

MAKATI, Mar 14 – The Board of Investments (BOI) has approved a total of 144 renewable energy investment projects worth P170.947 billion from 2010 up to December 2015 with a total generating capacity of 3,861 megawatts. “Our industry development programs are geared towards building sustainable and resilient communities, which includes achieving sustainable energy sources,” said Department of Trade and Industry Undersecretary and BOI Managing Head Ceferino Rodolfo. He added that the development of renewable energy […]

DTI, BOI strengthens regional capability for investors

MAKATI CITY, Aug. 12 — As the Philippines continues to enjoy high investor confidence, the Department of Trade and Industry (DTI) and Board of Investments (BOI) continue to build sustainable groundwork to promote investments in the various regions of the country. “In collaboration with DTI’s regional offices, we have stepped up our promotion efforts to drive economic activities nationwide, especially in investment ready areas,” DTI Undersecretary Ponciano C. Manalo Jr. said. The BOI through its Domestic Investments […]