The Europe Investment Roadshow led by the DTI has resulted in P73.75 billion worth of investment leads, with renewable energy and IT and Business Process Management (IT-BPM) sectors receiving the larger share in the investment pie. Know more:
The Europe Investment Roadshow led by the Department of Trade and Industry has resulted in P73.75 billion worth of investment leads, with renewable energy and IT and Business Process Management sectors receiving the larger share in the investment pie.
The trade chief said six projects are in the renewable energy sector, six are in the IT-BPM sector, particularly four on the establishment and expansion of global business centers and shared services in IT solutions for cybersecurity and one lead in game development; while two are in manufacturing, and one in construction services; and, one in acquisition.
Meanwhile, BOI Managing Head Ceferino S. Rodolfo divulged that among the infrastructure-related investments secured from the roadshow is a tunnel boring machine, an equipment which will be used to complete the Metro Manila Subway Project. Meanwhile, the trade chief explained the timetable of the investment leads that the Philippine delegation secured from the three-week investment trip in Europe, if not all, will “come to fruition” within the next five years.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PH gets fresh P73-B investment leads from EU trade missionA Philippine trade mission that recently concluded a nearly three-week tour of Europe has generated more than P73 billion in business leads, promising another wave of investments across several industries. | AldenMonzonINQ /PDI
Read more »
DTI chief prods German gas firm Messer Grp to set up PHL plant | Andrea E. San JuanTRADE Secretary Alfredo E. Pascual has encouraged Messer Group, a Germany-based industrial gas manufacturing company, to consider establishing an industrial manufacturing plant in the Philippines, the Department of Trade and Industry (DTI) announced over the weekend. Pascual emphasized that setting up an industrial manufacturing plant in the country “will provide…
Read more »
Germany-based firm eyes P55-B green energy projects in PHThe Department of Trade and Industry (DTI) on Saturday said Germany-based power firm wpd is looking to register with the Board of Investments (BOI) its planned wind and solar power projects worth P55
Read more »
Western intel officials hunt for signs of Wagner and nuclear warheads in Belarus ahead of NATOIn the wake of the uprising by Wagner Group forces in Russia, the US and Europe have turned their gaze to an increasingly unpredictable Belarus – a key Russian ally that Western officials fear could give the exiled mercenary troops a new home and serve as a staging ground for Russian nuclear weapons.
Read more »
Djokovic leads vs Hurkacz in suspended Wimbledon matchDefending champion Novak Djokovic holds a two-set lead over Hubert Hurkacz as their fourth-round clash gets suspended due to the Wimbledon curfew.
Read more »
Bahay leads Magis Eagles to dominating win against Taiwan high school teamThis time, the Magis Eagles led as much as 22 points, 66-44, with team captain Jared Bahay, who has committed to play for the University of the Philippines, leading the team in scoring. CDNDigital
Read more »