Total investments approved by four major investment-promotion agencies hit P300.9 billion in the first half of the year on the back of increased investor confidence in the Philippines.
This was an increase of 39 percent from the P216.9 billion worth of investments registered in the same period last year by the Board of Investments (BOI), the Philippine Economic Zone Authority (Peza), the Subic Bay Metropolitan Authority (SBMA) and Clark Development Corp. (CDC), according to documents provided by the Department of Trade and Industry.
The investments registered with the four agencies in the first half of 2013 are expected to generate 77,892 more jobs.
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