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BOI, inaprubahan ang ₱2.35-B na modernization project para sa Iloilo commercial port complex
PTVPhilippines
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11 months ago
BOI, inaprubahan ang ₱2.35-B na modernization project para sa Iloilo commercial port complex
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00:00
The Board of Investment has approved the 2.35 billion pesos modernization project for the Iloilo Commercial Port Complex
00:09
that will be built in Iloilo City.
00:11
This project is the construction of Bisayan Container Terminal,
00:16
a branch of the International Container Terminal Services Company.
00:20
Because it is registered in the BOI,
00:23
this project will be given an incentive under the Create Law,
00:27
along with the benefits of non-payment of income tax within three years
00:34
and five years tax-free for the materials to be imported.
00:37
This project is worth more than 10 billion pesos.
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