Northern Mindanao got P15.452 billion or 97 percent of total foreign investments approved in Mindanao in the third quarter this year. It is also the highest among 17 regions in the Philippines according to data released by the Philippine Statistics Authority (PSA) based on pledges approved by the Board of Investments (BOI) and Philippine Economic Zone Authority (PEZA), among others.
In a press release, the PSA data also revealed that the approved foreign investments in Northern Mindanao in the 3rd quarter accounts for 33.7% in the entire country. See the ranking below.
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