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Manila Bulletin devider Trade & Energy devider PH holds high-profile investment roadshows in Europe

PH holds high-profile investment roadshows in Europe

Published Jun 19, 2023 02:55 am


For the first time since the Covid-19 lockdown, the Philippines will hold a high-profile investment roadshows in Europe to drum up investor interest in the country, particularly in priority sectors such as manufacturing and research and development (R&D), higher value Services, and renewable energy. Trade and Industry Secretary Alfredo E. Pascual, who is also chairman of the Board of Investments, will lead the highly-anticipated Europe Investment Roadshow from June 18 to July 6 that will take delegation to five EU countries, such as France, United Kingdom, Belgium, The Netherlands, and Germany. In a statement, Pascual said, the investment roadshow aims to position the Philippines as a viable investment destination for European investors. He said strong emphasis will be given to priority sectors such as Manufacturing and Research and Development (R&D), Higher Value Services, and Renewable Energy to showcase how the Philippines can make it happen for European investors. The Roadshow will be conducted in the following key markets: France on June 18-21, in parallel with the 10th Philippines-France Joint Economic Commission Meeting, United Kingdom on June 21 to 23, Belgium on June 25 to 28, The Netherlands on June 29 to July 1, and Germany on July 3 to 5. As part of the Roadshow, investment forum will also be held in Belgium and Germany, as well as roundtable discussions with business communities in France, UK, Belgium and the Netherlands will be conducted to reinvigorate the interest of European investors and to apprise them of the current economic performance, advantages, and opportunities for investments in the Philippines. The outbound mission will also be a chance to generate fresh investment leads or forward discussion with existing leads, especially those that Pascual met during the last Presidential Visit in Brussels and Side Mission to The Netherlands in 2022. Participants and attendees during each leg will have the opportunity to engage in panel discussions and information sessions on various investment-related topics presented by Philippine government officials and industry experts. They will be sharing valuable insights into the potential of the priority sectors, shedding light on the favorable business climate, regulatory frameworks, and attractive investment incentives in the Philippines. These sessions aim to assist participants in identifying investment prospects and exploring mutually beneficial growth opportunities. The Philippine delegation will also provide updates to the European business community on significant legislative developments in the Philippines. These updates include amendments to the Public Service Act, Foreign Investment Act, Retail Trade Liberalization Act, the passage of the Electric Vehicle Industry Development Act, and the Executive Order on Green Lane for Strategic Investments. The Europe Investment Roadshow not only reflects the Philippines' dedication to attracting foreign direct investments but also serves as a dynamic platform for participants to foster strategic partnerships, engage in meaningful dialogue, and explore potential avenues for expanding their businesses. Interested investors, organizations or companies may obtain more information on the Roadshow from BOI and Philippine Trade and Investment Centers in Paris, London, Brussels and Berlin.

Related Tags

DTI R&D INVESTMENT DTI Secretary Alfredo E. Pascual Europe
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