P3.2-t projects get BOI’s green lane endorsement

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The Board of Investments awards the green lane certificate of endorsement to A-FLOW Properties I Corp. for its groundbreaking 36-megawatt ML1 Data Center Project.The Board of Investments endorsed 115 projects with combined investments of P3.2 trillion for green lane for strategic investments certification as of end-August 2024.

The BOI said in a statement that of the total, it approved 13 projects including A-FLOW Properties I Corp.’s 36-megawatt ML1 data center project between July and August. The ML1 Data Center, a joint venture between FLOW Digital Infrastructure and AyalaLand Logistics Holdings Corp., is a state-of-the-art, carrier-neutral facility located in Binan City, Laguna.

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MlaStandard /  🏆 20. in PH

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