The National Economic and Development Authority is urging investors to consider the Philippines for their expansion plans, given reforms to improve the country’s investment climate and available opportunities.
During the Philippine Investors Dialogue held in Washington DC on April 17, NEDA Secretary Arsenio Balisacan talked about the compelling reasons why investors should pick the Philippines as a location for their expansion.MANILA, Philippines — The National Economic and Development Authority is urging investors to consider the Philippines for their expansion plans, given reforms to improve the country’s investment climate and available opportunities.
“These reforms and initiatives clarify ambiguities in the rules, expand markets for our local industries, streamline government processes and promote more competition. Through the President’s policy issuances, we have underscored the government’s strong commitment to promote the ease of doing business,” Balisacan said.
“We have laid the groundwork for major projects and programs. We expect to see more of these projects becoming operational this year onwards, improving connectivity and supporting growth and resilience,” Balisacan said. “All of these initiatives will support and spur our numerous growth drivers in construction and infrastructure, agriculture, manufacturing, mining, retail and tourism, education and health and creative as we go through this exciting stage in our nation’s development,” he said.
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