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FILE PHOTO. The Board of Investment’s One-Stop Action Center for Strategic Investments awards a green lane certificate of endorsement to ACEN Corp.’s P37.7 billion 335-megawatt Isla Wind Project, which aims to start supplying energy to the grid commercially by the fourth quarter of 2025. Trade Undersecretary and BOI managing head Ceferino Rodolfo is shown awarding the certificate to ACEN assistant vice president Rodrigo San Pedro Jr. at the BOI main office in Makati City on Dec.
Digital infrastructure, with five projects, accounted for P338.22 billion of the total, followed by two manufacturing projects worth P29.6 billion and two food security projects with a combined value of P3.4 billion. It said that in June, the OSACSI approved P265.465 billion worth of strategic investments, including a P183.205-billion solar power project in Luzon.
Executive Order 18 established green lanes within local government units to expedite strategic investments. OSACSI works by endorsing certified projects to relevant LGUs for approvals and endorsements.
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