DTI: 2 investment agencies have breached 2024 targets

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THE Department of Trade and Industry (DTI) announced on Thursday that two of its investment promotion agencies (IPAs) have surpassed their investment targets for 2024.

The Board of Investments (BOI) reported approved investments worth P1.62 trillion, which exceeded its initial target of P1.5 trillion set at the beginning of 2024.

Foreign investments, worth P383.31 billion, constituted a chunk of the approved projects as well, the BOI said.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesJapanSouth KoreaNetherlandsSingaporeSwitzerlandThailandUnited States

Topics: Economic Investors Investments Billion Roque Approved Investment Trillion International Billion) 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 14:33:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 748 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24551419

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