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Wednesday, November 20, 2024

British investors still bullish on PH

The Philippines remains an attractive destination for British goods, services and investments, according to the British Chamber of Commerce of the Philippines.

It said the growing market of Philippines is highly attractive for UK companies especially in the food and beverage manufacturing, energy and infrastructure.

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“The interest level between the Philippines and the United Kingdom continues to rise. We work closely with the UK government and the Philippine government, as well. We make sure that UK companies looking into Southeast Asia will also look into the Philippines for investments,” said BCCP chairman Chris Nelson.

He said the sectors that generate high interest among British companies are retail, construction, education and training, healthcare and business consultancy.

Nelson said many UK firms were aware of the Philippines’ strategic location in Southeast Asia.

“Many of them are trying to work their way into the Philippines, so they can also penetrate other markets in Southeast Asia,” he said.

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