By Marinel Peroy
On July 31, The British Chamber of Commerce Philippines (BCCP) will host its 5th Trade & Connect Series: Unleashing the Potential of the Philippine Manufacturing Industry at PNB Makati Center – Spaces.
This event will provide in-depth discussion on the manufacturing sector and explore strategies & best practices from the government and the private sector.
Based on a report from the Bangko Sentral ng Pilipinas (BSP) showed a 29.3% growth of foreign direct investment (FDI) net inflows in February 2024, identifying top contributing industries including financial and insurance, manufacturing, real estate, and others. It also depicted a sustained investor confidence in the Philippines amid the challenge of inflation and other global uncertainties.
In correlation, President Ferdinand Marcos Jr. highlighted the growing manufacturing industry in the Philippines during the Indo-Pacific Business Forum in Taguig city. He urged investors to further explore economic opportunities–citing the country’s GDP growth and its strategic regional location.
“Through these economic strengths, we aspire to transform the Philippine economy into a regional hub for smart and sustainable manufacturing and (services),” Pres. Marcos Jr. said.
The British Chamber continuously promotes the country as an investment destination, focusing on the potential of each sector to attract more British companies in the Philippines.
Interested to join the event? Register here.