A Russian company expressed interest to the Board of Investments (BOI) to construct a pipeline coating facility in the Philippines, the Department of Trade and Industry (DTI) said on Friday, in another indiction of the country’s increasing attractiveness to foreign investors.

According to Trade Secretary Ramon Lopez, Igor Shaporin, BT SVAP LLC’s chairman of the board of directors, intends to put up the facility in Mariveles town, Bataan province, where there’s easy access to land and sea transportation.