Western Visayas ranked second among
all the regions in the country to have lured billions worth of investments in
2015.
The Philippine Board of Investments
(BOI) recently reported that Region VI captured P60.75 billion worth of
investments or equivalent to 17 percent of the country’s registered
investments, last year.
It came second of Region IV-A’s
P165.68 billion covering 45 percent of the BOI-approved investments in 2015 that
reached P366.74 billion; posting a three percent growth from the P354.76 billion
in 2014.
Central Visayas (Region VII) came
in third with P32.23 billion or nine percent; and the National Capital Region
in fourth place with P29.50 Billion worth of investments.
These investments are expected to
generate over 58,000 jobs when they become fully operational in the succeeding
years.
The BOI is the industry development
and investments promotion arm of the DTI.
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