Global Trade Alert
Global Trade Alert

Philippines: DBP provided a PHP 1.4 billion loan facility to INVESTCO BHPI, Inc.

Announcement

29 Nov 2023

In November 2023, the State-owned Development Bank of the Philippines (DBP) provided a PHP 1.4 billion (USD 25.25 million) loan facility to INVESTCO BHPI, Inc. to fund the company's 8.4-megawatt hydroelectric power plant project in Bukidnon, the Philippines.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Nov 2023

Revocation date:

No revocation date

Updated: 29 Nov 2023
State loan In force

On 29 November 2023, the State-owned Development Bank of the Philippines (DBP) provided a PHP 1.4 billion (USD 25.25 million) loan facility to INVESTCO BHPI, Inc. to fund the company's 8.4-megawatt...

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