Foreigners can own 100% of renewable energy projects – DOJ

MANILA, Philippines — The Marcos administration’s aspiration of ramping up the use of more indigenous and renewable energy (RE) in the Philippines got a big boost after the Department of Justice (DOJ) opined that investments in this sector are not subject to the Constitution’s foreign ownership restriction of 40 percent of businesses. In its Sept. … Continue reading Foreigners can own 100% of renewable energy projects – DOJ