BusinessWorld E-paper
December 27, 2023
THE BOARD of Investments (BoI) said on Tuesday that total approved investments reached a record P1.16 trillion so far this year, thanks to a surge in renewable energy projects as the sector was opened up to full foreign ownership.
In a statement, the BoI said it had greenlit P1.16 trillion as of Dec. 18, 59% up from P729 billion approved in 2022.
