DAVAO CITY The Board of Investments (BOI) has reported P366 billion worth of investments cornered by Regions 11 (Davao) and 12 (South Cotabato, North Cotabato, Sultan Kudarat, Sarangani and General Santos) last year. Gil Dureza, BOI chief of investments for Regions 11 and 12, said there was an increase in investments…
STATE-OWNED Development Bank of the Philippines (DBP) has granted P900 million funding support to Johndorf Ventures Corp. (JVC), a Cebu-based real estate developer, in an effort to boost the construction of public housing and address the country s widening housing backlog.
Michael de Jesus, Johndorf Ventures Corp. (JVC) president and chief executive officer, said DBP s support to the company, through its Building Affordable Homes Accessible to Every Filipino (Bahay) Program, is expected to bolster the firm s drive to build 39,000 housing units by 2025.
DBP lends P900 million for public housing philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
STATE-run Development Bank of the Philippines (DBP) said it approved a P900-million loan application of a Cebu-based real estate developer Johndorf Ventures Corp. (JVC). DBP President and CEO Michael O. de Jesus said the bank provided financing support to JVC through the state lender’s housing-loan program it calls “Bahay.” The…