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Over P600-B projects seek green lane certification
The Philippine Star
|January 06, 2025
Around P639 billion worth of projects are seeking green lane status for expedited processing of permits and licenses, according to the Board of Investments (BOI).
Data from the BOI showed there are currently 30 projects amounting to P639.086 billion that have filed for application for green lane certification.
Bulk or 80 percent of the projects involve the renewable energy (RE) sector.
In particular, 24 projects worth P584.562 billion under the RE sector have applied for green lane certification.
"Two of the RE projects are wholly owned by Canadian and Singaporean investors with an investment value of P7.5 billion," BOI Investment Assistance Service director Ernesto Delos Reyes Jr. said.
Denne historien er fra January 06, 2025-utgaven av The Philippine Star.
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