THE Board of Investments (BOI) approved a total of 358 projects worth a combined P366.74 billion in 2015, up 3 percent from P354.76 billion a year earlier, which are expected to create more than 58,000 new jobs when these projects become operational.

The industry development and investments promotion arm of the Department of Trade and Industry (DTI) said the increase in investments was due mainly to big power projects approved last year.

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