Bulb World targets P50m regional expansion

Friday, February 19, 2021

Aiming high: Jacob plans to expand Bulb World regionally PIC: BULB WORLD

Bulb World is hunting for capital of P50 million to expand to five regional markets, BusinessWeek has established.

The full amount will cover operational costs, cost of sales and purchase of raw materials, the fast-rising citizen-owned manufacturer says.

This week, the Light Emitting Diode (LED) manufacturing company told BusinessWeek that talks are currently ongoing with a few local financial institutions that are known for funding large-scale projects.

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