NANNING CITY, China – Amid an ongoing territorial dispute, the Philippines sought for business and investment opportunities from China and other Asean (Association of Southeast Asian Nation) countries at the recent China-Asean expo (CAExpo) event here.
“Today is a perfect opportunity to convince you that the Philippines must be one of your chosen destinations in line with your government’s investment strategies to encourage investments overseas,” Trade Undersecretary Nora Terrado said at the Investment Promotions Conference at the Nanning International Convention and Exhibition Center.
She cited the availability of human resources, special economic zones and affordable first-class lifestyle as reasons as to why the Philippines is an attractive investment locations for foreign investors.
Terrado also noted that agriculture is a “key driver of growth” and the Mindanao region is a good opportunity for investments.
Some of the areas offered for investments include: Bases and Conversion Development Authority, Subic and Clark Freeports, Poro Point Management, John Hay Management Corporation, Zamboanga City Special Economic Zone Authority and Mindanao Development Authority.Go to full article at : http://business.inquirer.net/179043/ph-seeks-investments-from-china-asean-at-business-summit#ixzz3E011hbVm