BOI: Chinese firms keen on PHL expansion

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The Board of Investments (BOI) said five Chinese firms are interested to invest and expand in the Philippines particularly in the areas of electric vehicle, consumer goods manufacturing, and "green” metals.

The Board of Investments (BOI) said five Chinese firms are interested to invest and expand in the Philippines particularly in the areas of electric vehicle, consumer goods manufacturing, and “green” metals.

Rodolfo conveyed to the investors the goal of transforming the Philippine economy to enter a “virtuous cycle of sustained economic growth.“Events like this showcase the Philippine’s proposition as the regional hub for smart and sustainable manufacturing and services industries, that will ultimately generate green and sustainable jobs for the Filipino people, which has been our primary objective,” added Rodolfo.

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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets: PhilippinesChinaHong Kong

Topics: Chinese Sectors Companies China Rodolfo Investment Trade Manufacturing Philippines Promotion Investments

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 14:51:50 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 693 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22839797

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