BOI sees $25-M Swiss investments

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BOI sees $25-M Swiss investments
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The Board of Investments (BOI) has placed at $24.7 million the initial investments from the committed projects during the recent promotion drive in Switzerland.

The Board of Investments has placed at $24.7 million the initial investments from the committed projects during the recent promotion drive in Switzerland.

The business meetings were arranged by the BOI and Philippine Trade Investment Center in Geneva in Bern and Zug, Switzerland. The Philippine Team also met with Swiss startup company NaturLoop which has plans to launch a $15 million Cocoboard factory in the Philippines by 2026. The company is currently developing a supply chain for coconut husks in Quezon province with local partners including ProSource International Inc. and Quezon Federation and Union of Cooperatives .

The Philippine Team during their visit to OVD Kinegram’s facility as welcomed by key officials of the company.

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