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FROM GREEN LANE TO GREEN LIVING

The Philippine Star

|

September 16, 2024

Renewable energy projects receive a boost from BOI

- ANTHEA GRAPE

FROM GREEN LANE TO GREEN LIVING

Part of the Philippine Board of Investments (BOI)'s mandate is to attract and maintain more foreign investments. One way the agency is achieving this is through the establishment of the Green Lanes for Strategic Investments. Also known as Executive Order no. 18, this is a government-wide response to further enhance ease of doing business in the country.

It aims to establish a single point of entry for all projects, with its One-Stop-Action-Center For Strategic Investments (OSACSI). This system eliminates the hassle of seeking multiple regulatory agencies, which cause unnecessary delays in the processing of papers.

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