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Friday, March 29, 2024

Industrial estates pump-prime the economy

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Aboitiz InfraCapital (AIC) teamed up with the national government to attract Korean investors at the recently-concluded Philippine-Korea Investment Forum.

Over 80 business leaders from various manufacturing companies across Korea joined the forum, with AIC—represented by its President and CEO Cosette Canilao and First Vice President Rafael Fernandez de Mesa–locking in discussions and negotiations with Korean investors who are looking to expand operations at AIC’s Economic Estates in Batangas and Cebu.

The Philippine Embassy in South Korea, Philippine Economic Zone Authority (PEZA), Department of Trade and Industry (DTI), Board of Investments (BOI), and Philippine Trade and Investment Center (PTIC)-Seoul organized the gathering to guide prospective Korean and global investors on the perks they can enjoy should they choose the Philippines as their next investment destination. Aboitiz InfraCapital highlighted the 240 hectares of ongoing expansions at LIMA Estate in Lipa-Malvar Batangas and West Cebu Estate in Balamban, Cebu.

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