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THE Board of Investments (BoI) celebrates 56 years of commitment to the Philippines' economic transformation with renewed strength in attracting investments, promoting innovation, nurturing industries for sustainability and ensuring the nation's prosperity.
Face mask manufacturer Medtecs International Corp. Ltd. plans to expand operations in the country as it eyes the development of a $1.9-billion industrial town for textile manufacturing and electric vehicle assembly.
INDUSTRIAL TOWN. Trade Undersecretary and BOI managing head Ceferino Rodolfo (second from left) and Medtecs International Corp. Ltd. chairman Clement Yang (third from left) meet on March 23, 2022 to discuss the expansion plan of the company in the country. Medtecs aims to develop an Industrial Town in the country, which can bring in investments worth USD1.9 billion. (Photo courtesy of BOI) MANILA - Face mask maker Medtecs International Corp. Ltd. aims to establish an Industrial Town in the Philippines that will produce electric vehicles, personal protective equipment (PPE), and integrated text...
Taiwanese-headquartered Medtecs International Corporation has revealed plans of expanding its face mask production in the country by developing an industrial town with projected foreign direct investments of $1.9 billion, approximately P99 billion, that would address gaps in the Philippine textile s
(FILE PHOTO) Metro Manila (CNN Philippines, January 29) — The Philippines has successfully ramped up its production for personal protective equipment or PPEs, with local manufacturers repurposing their capacities in response to the pandemic, the Trade Department says. " ang mga manufacturers para kalabanin, para malabanan yung kalaban. In this case, ang kalaban natin, COVID," Trade Secretary Ramon Lopez said during a virtual briefing, noting the country used to experience a shortage in PPEs. [Translation: Like in wartime, manufacturers are refocused in order to fight the enemy. In this ca...