P160m BPO investments posted in Mindanao

The Board of Investment (BOI) has revealed that investment leads in Mindanao, mostly in the Davao region, reached a total of P886.75bn, with P160million focused on business process outsourcing (BPO). Gil Dureza, BOI-Davao Extension Office director, said there is an upbeat investment climate in Davao Region and throughout Mindanao. He added that these burgeoning investment leads, which are mostly from foreign investors, are focused on BPO, manufacturing, infrastructure, power generation and public-private partnerships, among others.