IN an effort to promote sustainable businesses in northern Philippines, the Board of Investments (BoI) and the Ilocos Norte provincial government has executed an agreement for the alignment and collaboration in investment promotion, facilitation and investor servicing activities.

Under their recently signed memorandum of agreement (MoA), the BoI and the Ilocos Norte government will strategically position the province as a prime gateway to East Asia and a major commercial hub in northern Philippines, linking the northern and central parts of Luzon to Asian countries such as Taiwan, China, Hong Kong, Japan and South Korea.