BOI-OSACSI facilitates LGU endorsements for offshore wind project in Cavite

Posted: March 15, 2024
In photo (L-R): BOI-IAS Ms. Hannah Barroquillo, BOI-IAS Director Ernesto Delos Reyes Jr., Ivisan Windkraft Ms. Afia Yeboah, Ivisan Windkraft Mr. Theo Sunico, Cavite LEDIPO Mr. Ady Timoteo, Cavite Governor Jonvic Remulla, Ternate Mayor Lamberto Bambao, Maragondon Mayor Lawrence Arca

Making it Happen in Cavite: The Board of Investments (BOI) One-Stop Action Center for Strategic Investments (OSACSI), the single point of entry for strategic investments, together with the representatives of Ivisan Windkraft Corporation, met with Cavite Governor Jonvic Remulla, Maragondon Mayor Lawrence Arca, and Ternate Mayor Lamberto Bambao, for the Green Lane facilitation of the Frontera Bay Wind Power Project located offshore the province.

In photo (L-R): BOI-IAS Ms. Hannah Barroquillo, BOI-IAS Director Ernesto Delos Reyes Jr., Cavite City Mayor Denver Chua, Ivisan Windkraft Ms. Afia Yeboah, Ivisan Windkraft Mr. Theo Sunico

BOI-OSACSI also sought the endorsement of Cavite City Mayor Denver for the project. Gov. Remulla expressed his support for the renewable energy investment and emphasized the province’s commitment to the quick resolution of their applications.

Cavite is a key partner of BOI in the promotion and facilitation of investments, in support of the administration’s objective of attracting more investments to the country. BOI-OSACSI continues to play a crucial role in reducing barriers to entry and realizing investments, contributing to the country’s goal of becoming one of the top foreign direct investment destinations in Southeast Asia. ♦

Date of release: 15 March 2024