Business leaders and government officials have noted the long-standing contribution of investors with Spanish origin in the Philippines that have since proven the strong ties between the two countries.

During the celebration of the 125th anniversary of La Camara or the Spanish Chamber of Commerce in the Philippines, Ayala chairman Jaime Zobel de Ayala said that the many years that the group has been operating in the country is a testament to Spanish business community's  continuing relevance amid the volatile and rapidly evolving global environment.

Zobel de Ayala, whose corporation is the Philippines' longest living business house of Spanish origin, also said the chamber "is an enduring symbol of the deep economic, cultural, and people-to-people ties that bind the Philippines and Spain over many years."

"It's my own hope that this relationship between our peoples, our companies, and countries will remain strong for many more years to come. It's a great honor for Ayala to be associated with such a great institution," he added.

La Camara is a vital link between the Philippines and Spain as it facilitates the entry of Spanish companies in the local market, connecting them with key players.

King Felipe VI of Spain expressed his appreciation to its members, whose daily work, he said, "has made it one of the most dynamic in Southeast Asia."

The chamber's members have "contributed to the strengthening of economic and trade relations between the Philippines and Spain," he added in his correspondence read by Spanish Ambassador to the Philippines Miguel Utray during the event.

La Camara President Ruben Camba, who is also Acciona’s Director of Infrastructure in Southeast Asia, said that the economic and diplomatic ties, and the enduring friendship between the Philippines and Spain brought about the historic moment of celebrating 125th year of the chamber's anniversary.

"Reflecting on the past 125 years, we honor the contributions that have shaped La Camara's success – from dedicated leaders and impactful Spanish-Filipino companies to strong partnerships with business organizations and government support," Camba said.

"In the succeeding years, we hope to nurture more of the bond that truly brings us together which is our friendship. While times continue to change, our purpose remains the same for the next 125 years," he added.