MANILA, Philippines—The Board of Investments has given tax and other perks to five projects worth P476.6 million.

The largest project approved in terms of funding is the P200-million venture of Biotech Farms Inc., involving the production of eggs and other poultry layer by-products in south Cotabato.

The new facility will have the capacity to produce 39.3 million pieces of chicken eggs, 135,360 pieces of culled layer and 28,569 bags of manure to be used as raw materials for organic fertilizer.

Also registered with the BOI were mass housing projects—worth a total of P237.4 million—of Lynville Realty and Development Corp. in Sta. Cruz, Laguna; Forte Realty Corp. in Pasay City, and Casa Regala Inc. in Teresa, Rizal.

The BOI also registered Pharmawealth Laboratories’s P39.2-million inhalation anesthesia production facility in San Pablo City, Laguna.