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Monde Nissin's Davao plant gets BoI approval

MONDE Nissin Corp.'s P1.2-billion investment in Davao City for the establishment of an automated manufacturing and processing facility for butter coconut biscuits has been approved by the Board of Investments (BoI).

The company has an initial distribution plan targeting the Visayas and Mindanao, and envisions future expansion in Indonesia and other Southeast Asian markets, according to BoI.