Investments in Bohol hit P500M

TAGBILARAN CITY, Philippines — A total of P500 million in investments, most of which were tourism-related, has entered Bohol during the first half of this year.

This was the report of the provincial government's Bohol Investment Promotion Center (BIPC), during the recent cluster monthly meeting of the social, economic and environment management presided by cluster head Liza Quirog.

Emerson Pinos of BIPC said that it is now expected Bohol could hit the P1 billion mark in excess of the P900 million target by the end of the year.

Pinos said BIPC registered a total of 3,152 businesses, surpassing the 2,500 target for the 6-month period. This also generated close to 5,000 employment opportunities, he said.

BIPC through its Bohol Business One-Stop Shop (BOSS) serving clients on a 24/7 basis, is assisted by the Department of Trade and Industry, Pag-Ibig, Philippine Health Insurance Corp and Social Security System. — THE FREEMAN