THE Board of Investments (BoI) said on Thursday it has approved an P18-million live eel farming facility project in Hindang, Leyte which is set to provide more employment and income opportunities for Filipinos.

“Though grown in Cagayan Valley, the proponents of the project decided to locate in a least developed area such as Leyte in an effort to help in the post-Super Typhoon Yolanda [international name: Haiyan] recovery initiatives in the Eastern Visayas region,” Trade Undersecretary and BoI Managing Head said.

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