Philippines sees FDI opportunities as world turns greener


MANILA, May 30 (Bloomberg): The Philippines is counting on the world’s shift to green technology and the pandemic-induced demand 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 Trade Undersecretary Perry Rodolfo, who also heads the Board of Investments.

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Philipiines , Green Tech , FDI

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