PEZA Director General (DG) Lilia de Lima keynoted two (2) investment fora organized by the Philippine Embassy in Beijing, in collaboration with the East Asia Business Council (EABC) and with the China-ASEAN Business Council (CABC) Chinese Secretariat, on February 20 and 21, respectively.
During the two fora, DG de Lima provided the Chinese audience a detailed presentation entitled “Opportunities for Chinese Investors in Philippine Economic Zones”, which included an overview of the Philippines’ economic zones, investment incentives, and various business and investment opportunities in the country.
EABC is a recently established unit under the China Council for the Promotion of International Trade (CCPIT), a federation of enterprises and organizations representing various economic and trade sectors in China, with the aim of promoting foreign trade and investment, and developing economic relations between China and other countries.
CABC, on the other hand, is an organization which consists of CCPIT, the ASEAN Chamber of Commerce and Industry (ACCI), enterprises, and chambers of commerce of ASEAN member countries, with the main goal of promoting dialogue and cooperation between Chinese and ASEAN and implementing the China-ASEAN Free Trade Area (CAFTA).
Business journalists from China Central Television (CCTV), China Radio International (CRI), Xinhua News Agency, China Business News, and China Trade News conducted exclusive interviews with the PEZA Director General.
At the interviews, DG de Lima underscored that now is an opportune time for Chinese enterprises to invest in the Philippines. She also cited the economic complementarities between Philippine enterprises and Chinese enterprises going overseas.
Philippine Ambassador to China Erlinda Basilio, together with the Embassy’s economic team, accompanied DG de Lima during her visits to Beijing Automotive Industry Corporation (BAIC) and Haidian Zhongguancun Science Park (China’s Silicon Valley).PEZA Director General Lilia de Lima delivering her presentation on the Philippines Investment Forum on 21 February 2014 PEZA Director General Lilia de Lima (center) visited the office of the Beijing Automotive Industry Corporation (BAIC), together with Ambassador Erlinda F. Basilio (fourth from the left), and Philippine Embassy’s Economic Team. (Left photos) PEZA Director General Lilia de Lima deliviring her presentation on the Philippines' various business and investment oppirtunities at the Forum jointly organized by the Embassy and EABC on February 20, 2014, held at the Embassy premises; From left to right: China Council for the Promotion of the International Trade (CCPI) Deputy General Madam Wang Li, Ambassador Erlinda F. Basilio, PEZA Director General Lilia de Lima, and CCPIT Director Xu Liang. (Middle Photo) PEZA Director General Lilia de Lima, China International Water and Electric Corp. (CWE) President Wang Yu, and Ambassador Erlinda F. Basilio. (Right Photos) PEZA Director General Lilia de Lima delivering her presentation on the Philippines' various business and investment oppurtunities at the Philippines Investment Forum, jointly organized by the Embassy and CABC, held at the Kuntai Royal Hotel on February 21, 2014; PEZA Director General Lilia de Lima (center) visited the office of the Beijing Automotive Industry Corporation (BAIC), together with Ambassador Erlinda F. Basilio and the Embassy's economic team. Source: http://www.dfa.gov.ph/index.php/2013-06-27-21-50-36/phl-embassies-and-consulates/2265-peza-director-general-promotes-phl-economic-zones-at-beijing-investment-fora