BAGUIO CITY—The educated workforce of the Philippines is the number one reason why American companies choose to invest in the Philippines, according to US Ambassador to the Philippines Philip S. Goldberg.
Goldberg, who presented a certificate to Texas Instruments Philippines as a finalist for the 2015 Secretary of Estate’s Award for Corporate Excellence, recognized the great contribution of the Filipino workers in all American companies operating in the country like the Texas Instruments and Moog.
The strong educational system in universities here like in Baguio provides opportunities for graduates to work into these US tech companies.
“These American companies tell me all over and over again that what attracts them most is the workforce.”
Goldberg said he expected more American investors to put up their manufacturing and export-based businesses here.
TI is a finalist in the environmental sustainability category for setting the standard for sustainable architecture in the Philippines by obtaining the country’s first Leadership Energy Environmental Design certification. The company also spent $1.2 million on water and energy conservation projects, including recycling of hazardous and non-hazardous waste, and worked with the Philippine government to develop and support the government’s Green Building code.
Lilia de Lima, Philippine Economic Zone Authority director general who attended the occasion, likewise gave credits to the accomplishment of TI in the business sector and to the community.
De Lima in her statement said that the government is willing to welcome more U.S companies to invest in the Philippines. Two things, however, are non- negotiable: The rights of the Filipino workers and environment sustainability.