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Thursday, April 25, 2024

DOTr woos Italian trade mission to invest in PH

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The chief of the Department of Transportation on Tuesday enticed Italian businessmen to invest in big transport projects that make the country a profitable investment hub and promising gateway to the Asian region.

Transportation Secretary Jaime Bautista pitched several big-ticket infrastructure projects where Italian businessmen could commit their investments and resources. He asked the Italian delegation to discover the vast transport infrastructure potential in the Philippines.

“This trade mission comes when the Philippines is positioning itself as a lucrative investment destination and an auspicious gateway to Asia,” said Bautista during the Italian Trade Mission in Manila.

Bautista said the trade mission reopens rich opportunities, not just for businesses, but also investment prospects for transportation infrastructure projects while enhancing connectivity and mobility that would hasten and boost economic growth.

“A lot of airport, railway, seaport, and road infrastructure projects have been initiated and we are on track to complete them within the coming years,” Bautista told the delegation.

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