The Board of Investments (BoI) is eyeing more investments in Ilocos Norte, a province in the northwestern tip of the country, citing its geographical location and renewable energy sector. READ:
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In a statement on Wednesday, the BoI said it signed a memorandum of agreement with the Ilocos Norte local government in November to help the province attract more investments in agriculture, tourism, renewables, infrastructure, and services. It added that the partnership would help link the north and central Luzon areas to neighboring countries such as Taiwan, China, Hong Kong, Japan, and South Korea.could also position Ilocos Norte as a top destination for high-value manufacturing and agriculture, powered by renewable energy.Ilocos Norte Governor Matthew Marcos Manotoc said the province offers incentives under its local investment code, such as tax holiday on real property.
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