UK targets PH for Education, Healthcare and Retail investments

UK targets PH for Education, Healthcare and Retail investments
BCCP Executive Director and Trustee Chris Nelson with Trevor Lewis, Director of Trade & Investment Russia at Guildford (Photo courtesy of British Chamber of Commerce Philippines)

BY THEPHILBIZNEWS STAFF

On its second roadshow for 2019, the British Chamber of Commerce Philippines (BCCP) goes to the UK for a 2-week roadshow to promote business and investment opportunities in Southeast Asia.

BCCP highlighted the Philippines’ progress in ease of doing business and countless opportunities for British companies to invest in the Philippines.

In a statement sent to THEPHILBIZNEWS by British Chamber of Commerce Philippines Executive Director and Trustee Chris Nelson, their second roadshow together with the other British Chambers in the region was very fruitful.

“There were around 107 companies who remain keen and expressed their strong desire to invest in the Philippines. And if we are going to categorize the various sectors that they are considering, there have very strong interest in education & training, healthcare, fuel & energy and retail, particularly in food & drink,” the BCCP Executive Chairman said.

The first BiSEA roadshow which was held last April 8-16, 2019 was in collaboration with UK-ASEAN Business Council (UKABC), UK chambers of commerce and trade associations. The areas covered were Birmingham, London, Cardiff, Manchester, Glasgow, Sheffield and Durham.

For the October roadshow was organized by the UK-ASEAN Business Council (UKABC) and divided into two parts.

The first part took place in Leicester, Birmingham, Manchester, Leeds and Durham from October 7-11, 2019. While the second part was organized by Newable and took place in London and Guildford from October 14-16, 2019. 

In a telephone interview with Mr. Nelson about his reaction the recent improved ranking of the Philippines given by World Bank in the ease of doing business, the BCCP Executive Chairman said, “We are delighted to welcome this development as this would certainly pave way to encourage more foreign investors.”

“I hope that next year, our ranking in ease of doing business will continue to improve further. At the same time, I hope that ARTA which is tasked to spearhead the ease of doing business and deliver efficient government service will ensure that we are really investor friendly so that the confidence to do business in the Philippines and their desire to also promote to others that we are a haven for investment will not wane,” the BCCP Executive Chairman concluded.

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