The projected amount of incentives or the foregone revenues by the state was at nearly P30 billion, according to the Department of Finance .
The list of projects was topped by Unity Digital Infrastructure Inc. for its P147.493-billion investment in infrastructure that includes telecommunications in multiple locations nationwide. Unilever Philippines Inc. received the highest amount of incentives among the 25 projects at P9.411 billion. The firm got 6 years of ITH, 5 years of ED and 11 years of duty exemption on importation. Unilever’s latest investment is worth P4.769 billion.
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