THE Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is advocating for the development of the Greater Manila Bay area, inspired by the success of China’s Guangdong-Hong Kong-Macao Greater Bay Area, as a strategy to attract more investments and advanced technologies to the Philippines.
Raul Lambino, chairman of the Association of Philippine-China Understanding; Choi Koonshum, Hong Kong Chinese General Chamber of Commerce chairman; Huang Xilian, China’s ambassador to Manila and Cecilio K. Pedro, Federation of Filipino-Chinese Chambers of Commerce and Industry delivered speeches at the Manila Forum at Conrad Hotel, which prompted economic cooperation between the Philippines and the fast-growing Hong Kong Macau Guangdong Greater Bay Area.
During the Manila Forum for Philippines-China Relations held at the Conrad Hotel, FFCCCII President Cecilio K. Pedro said that Chinese Ambassador of Manila Huang Xilian proposed this initiative to Filipino Chinese businessmen. The proposed Greater Manila Bay area, encompassing the linkage between Bataan and Cavite, as well as Greater Manila and Bulacan, is seen as a prime location for economic development.
The FFCCCII believes that this proposal could serve as a catalyst for attracting more investments to the region. Pedro emphasized that the proposed Manila Greater Bay Area could establish a partnership and strengthen economic cooperation with the Guangdong-Hong Kong-Macao Greater Bay Area, fostering faster, sustainable, and high-tech economic growth for both regions.
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