The Department of Trade and Industry (DTI) has endorsed 29 investment projects worth PHP124.81 billion through the Board of Investments (BOI).<\/p>\n
BOI, in a press release Thursday, said these projects are expected to generate around 4,444 jobs around the country, which are in various industries such as renewable energy (RE), infrastructure, transport and logistics, information technology-business process management (IT-BPM), housing, manufacturing and tourism-related developments.<\/p>\n
DTI Secretary Cristina Roque said these endorsements show the agency\u2019s \u201ccommitment to delivering tangible economic outcomes for Filipinos, even as the year comes to a close.\u201d<\/p>\n
\u201cThe steady flow of investments endorsed by the BOI shows that we remain fully engaged in creating jobs and sustaining economic momentum. We are working relentlessly to ensure that investments translate into opportunities for Filipino workers and communities,\u201d she said as quoted in a press release.<\/p>\n
Roque noted that although the approvals for the year has reached around PHP977 billion, the BOI is still evaluating several big-ticket items, which are now \u201cundergoing due diligence and are expected to further boost the country\u2019s overall investment performance as the year ends and into the next.\u201d<\/p>\n
\u201cThe DTI\u2013BOI remains unwavering in ensuring that investment commitments translate into real impact such as more jobs, stronger industries, and expanded opportunities for Filipinos. Through sustained reforms and proactive investment facilitation, the agency continues to \u2018Make It Happen in the Philippines\u2019 by driving a steady flow of high-impact and strategic investments,\u201d the DTI said referring to the government\u2019s international campaign to attract investments. (PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"
DTI sees the investments as key drivers of job creation and growth.<\/p>\n","protected":false},"author":73,"featured_media":261917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19565],"tags":[],"class_list":["post-261916","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-today"],"zyndk8_nxtgen_metadata":{"nxtgen_comments":[{"6608":"economy push tuloy tuloy \ud83c\uddf5\ud83c\udded\r","6609":"tourism din kasama good \ud83d\udc4c\r"}]},"_links":{"self":[{"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/posts\/261916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/users\/73"}],"replies":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=261916"}],"version-history":[{"count":0,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/posts\/261916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=\/wp\/v2\/media\/261917"}],"wp:attachment":[{"href":"https:\/\/uptownmanila.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=261916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=261916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uptownmanila.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=261916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}