EU Investment Roadshow a Success, Generates P73.75-B Worth in Investment

A successful investment roadshow in Europe helped fetched P73.75 billion worth of investment to the Philippines, says Department of Trade and Industry Secretary Alfredo Pascual.

Pascual said that the Europe Investment Roadshow covered France, the United Kingdom, Brussels, The Netherlands, and Germany.

He added that the DTI created 48 leads in the European Investment Roadshow.

“Out of these 48 leads, 14 are in the area of manufacturing & related services such as in training and IC Design; 16 are in the area of IT-BPM such as Global Business Services/Shared Services Centers, Healthcare Information and Management Services, Clinical Research/Trials, IT solutions for cybersecurity and game development; 15 are in the area of Renewable Energy particularly, in onshore/offshore shore wind, solar, and hydrogen; and 3 in infrastructure and construction related services,” DTI said.

Pascual said that the investment roadshow is a success as it had generated 16 positive investment leads namely, six in the Renewable Energy sector; six in the IT-BPM sector (four on the establishment and expansion of global business centers and shared services, one in IT solutions for cybersecurity and one lead in game development); two in the manufacturing sector; one in construction services; and one in acquisition.

“This Europe Investment Roadshow is a testament to the DTI’s commitment of creating an inclusive and sustainable business environment for investments. We will work tirelessly with the whole of government to ensure that these gathered investment leads will lead to high-quality and better-paying jobs for Filipinos.” Pascual said. (ASC)