At least seven German firms and experts from the cold chain and storage sector are looking for potential partners in the Philippines to improve efficiency of the local industry using technology-based solutions.
The German firms were part of the 120 participants from the Philippines and Germany at the virtual conference on Energy Efficiency in the Cold Chain Industry - Technologies and Solutions on Tuesday, May 17, organized by the German-Philippine Chamber of Commerce and Industry (GPCCI). The event was a part of GPCCI’s German business delegation under the German Energy Solutions Initiative of the German Federal Ministry for Economic Affairs and Climate Action.
The digital business mission on the topic of Energy Efficiency in the Cold Chains and Cold Storage Industry in the Philippines consists of C4CONSULT Effizienz-Netzwerk, Eeaser GmbH, INDYON GmbH, Ingenieurbüro Meyer-Olbersleben, Hörmann Beijing Trading Co., Ltd., MIG mbH, Material Innovative Gesselschaft, and SolarNext AG.
“This business mission presents another opportunity for German businesses to explore the Philippine market and pursue partnerships that will strengthen its bilateral economic relations,” stated GPCCI Executive Director Christopher Zimmer.
“We are also elated to see the interest and eagerness of the participating Philippine companies in engaging in the exploration of potential business opportunities with Germany and we hope that this delegation will pave the way for more partnerships and cooperation for the two countries, especially in the cold chain industry”.
The virtual business mission is comprised of an online conference with over 50 business meetings for the German delegates in the Philippines.
Anthony Dizon, chairman of the Cold Chain Association of the Philippines, the Philippine cold chain industry is projected to exhibit a continuing growth rate of 8-10 percent per annum over the next five years. With the enactment of new investment policies, Dizon said the country is expected to garner interest from the international community.
He also stated that energy efficiency is a timely subject in the Philippines given the recent implementation of the Energy Efficiency and Conservation Act (Republic Act No. 11285). After listening to the presentations, he believes that German energy efficient technology and solutions can be useful to the Philippine cold chain industry especially when it comes to complying with the aforementioned law.