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Potential economic driver Engineered-bamboo making spells annual profit of P400 billion
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The Philippines is counting on the world’s shift to green technology and demand induced by the COVID-19 pandemic for data centers to boost investments in its mining industry, a top official said.
The end of a ban on new mining permits also positions the sector to attract funds for a shift toward processing instead of simply exporting ores, said Philippine Industry Development and Trade Policy Group Undersecretary Perry Rodolfo, who is also managing head of the Philippine Board of Investments (BOI).
The BOI separately aims to win about 1 trillion pesos (US$19.1 billion) in investment commitments from home and abroad this