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Approved investments hit record-high P1.35 T

The Philippine Star

|

September 17, 2024

Investments for projects approved by the Board of Investments (BOI) in January until mid-September hit an all-time high of P1.35 trillion, surpassing last year's total approvals amid strong investor interest in the country.

- LOUELLA DESIDERIO

The BOI said the investments approved from January until Sept. 16 are higher than the record-high full year 2023 investment approvals amounting to P1.26 trillion.

The January to mid-September investment approvals are also up 82 percent from P741.98 billion in the same period last year.

The achievement of the investment approvals milestone coincides with the BOI’s 57th anniversary.

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