DXHIC, a 25-year-old company based in Guangdong, China, is opening a bag manufacturing factory in the Philippines in the third
Department of Trade and Industry Undersecretary Ceferino Rodolfo expresses gratitude to Sloan Shao and Zeng Lingcan, co-owners of a bag manufacturing company based in Dongguan, Guangdong Province in China for their decision to set up their first Philippine facility in the Philippines.
Sloan Shao, one of the investors for the soon-to-be opened Good Manufacturing PH Leathers Inc. in Subic said the locational advantage of the Philippines at the heart of the ASEAN and proximity to the China Greater Bay Area, along with the country’s dependable workforce, were the key reasons for their decision to expand their global footprint in the Philippines.
The Philippines has been a beneficiary of the European Union’s Generalized Scheme of Preferences Plus and the European Free Trade Agreement.
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