TRANSPORTATION Secretary Jaime Bautista on Tuesday urged Italian businessmen to invest in the Philippines as he highlighted big transport projects that are making the country a profitable investment hub and promising gateway to the Asian region.
Bautista pitched several big-ticket infrastructure projects under the Department of Transportation where Italian businessmen can commit their investments and resources.He then urged the Italian delegation to discover the vast transport infrastructure potential in the Philippines.'This Trade Mission comes when the Philippines is positioning itself as a lucrative investment destination and an auspicious gateway to Asia,' said Bautista during the Italian Trade Mission in Manila.
'A lot of airport, railway, seaport and road infrastructure projects have been initiated, and we are on track to complete them within the coming years,' Bautista assured the delegation.Citing the massive North-South Commuter Railway as an example, Bautista assured the delegation that transport projects under President Ferdinand Marcos Jr.'s administration would be highly favorable to investors, with participation of Italian companies eyed for various infrastructure projects.
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