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                    [ArticleID] => 348838
                    [Title] => Business group warns foreign investors may shun RP if Lafayette is shut down
                    [Summary] => 

Federation of Philippine Industries (FPI) president Jesus Arranza warned yesterday that any injunction order stopping the 30-day test run of the mining operation of Lafayette Philippines in Rapu-Rapu, Albay could derail the infusion of more foreign mining investments into the country. 


Arranza lamented that the government’s target of raising $122 million in mining investments by yearend has been imperiled by the injunction case that had been filed against Lafayette and Environment Secretary Angelo T. Reyes before the Makati Regional Trial Court. 


                    [DatePublished] => 2006-07-23 00:00:00
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LAFAYETTE AND ENVIRONMENT SECRETARY ANGELO T

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                    [ArticleID] => 348838
                    [Title] => Business group warns foreign investors may shun RP if Lafayette is shut down
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Federation of Philippine Industries (FPI) president Jesus Arranza warned yesterday that any injunction order stopping the 30-day test run of the mining operation of Lafayette Philippines in Rapu-Rapu, Albay could derail the infusion of more foreign mining investments into the country. 


Arranza lamented that the government’s target of raising $122 million in mining investments by yearend has been imperiled by the injunction case that had been filed against Lafayette and Environment Secretary Angelo T. Reyes before the Makati Regional Trial Court. 


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Business group warns foreign investors may shun RP if Lafayette is shut down

July 23, 2006 - 12:00am

Federation of Philippine Industries (FPI) president Jesus Arranza warned yesterday that any injunction order stopping the 30-day test run of the mining operation of Lafayette Philippines in Rapu-Rapu, Albay could...

Business