MANILA, Dec. 11 (Xinhua) -- Investment approvals by the Philippines' Board of Investments (BOI) reached 816.81 billion pesos (13.84 billion U.S. dollars) from January to November across 261 projects, Trade Secretary and BOI Chair Ma. Cristina Roque announced on Thursday.
Meanwhile, 1.92 trillion pesos worth of 78 strategic investments were certified under the government's Green Lane initiative, the chair said.
With two weeks left in the year, Roque said, the BOI is still evaluating 10 more big-ticket projects worth over 1 trillion pesos. These include three hydroelectric plants with a combined capacity of 2.4 GW, four offshore wind developments totaling 3.7 GW, two air transport service ventures, and one transport infrastructure project.
The energy and electricity sector accounted for the bulk of approvals with 58.74 percent, followed by airports and seaports, manufacturing, mass housing, and information and communication. (1 pesos equals 0.055 U.S. dollars) ■