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Article: BoI approves 5 projects worth P609 M.(Main Business)
- Article from:
- Manila Bulletin
- Article date:
- November 6, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Board of Investments (BoI) has granted tax and fiscal incentives to four projects worth P608.8 million.The approved projects include two housing projects of Communities Leyte Inc. and Household Development Corp. and two IT ventures Scopeworks Asia Inc. and Magellan Solutions Outsourcing Inc.Communities Leyte, Inc. is constructing 322 low cost mass housing units in 9.17 hectare property in barangay Campetic, Palo, Leyte.The company is owned by Communities Philippines Inc. with Jerylle Luz C. Quismundo as president.The other housing project is that of Household Development Corp., which is constructing two subdivisions for a total cost of P197.3 million.Both subdivisions ...
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