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BOI fast-tracks P4.46 T investments via green lane
The Philippine Star
|November 21, 2024
The Board of Investments (BOI) has certified 167 projects worth P4.46 trillion for green lane processing as of November.
In a statement, the BOI said the projects were certified by the One-Stop Action Center for Strategic Investments for green lanes as of Nov. 14.
In February last year, president Marcos issued Executive Order 18, establishing green lanes to fast-track and streamline the processing of permits and licenses for strategic investments that can help drive economic growth.
Of the projects endorsed for green lane processing, 136 are in renewable energy, with a total cost of P4.06 trillion.
Also endorsed for green lanes were 22 food security projects with investments amounting to P13.95 billion.
The BOI has also certified six digital infrastructure projects with a total cost of P346.33 billion.
In the manufacturing sector, three projects with total investments of P32.55 billion have been endorsed for green lanes.
Esta historia es de la edición November 21, 2024 de The Philippine Star.
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