In photo (L-R): Bangko Sentral ng Pilipinas (BSP) Communications and Investor Relations Lead Francisco “Coco” Alcuaz, U.S. International Development Finance Corporation Deputy Chief Executive Officer Nisha Biswal, Department of Energy Undersecretary Sharon S. Garin, Special Representative for Indo-Pacific, Ministry of Foreign Affairs Republic of Korea Ambassador Chung Keeyong, Department of Trade and Industry Secretary Alfredo E. Pascual, Trade and Industry of Japan Ministry of Economy Business and Human Rights Policy Office Director Orii Sunao
Board of Investments (BOI) Chairman and Trade Secretary Fred Pascual reassured investors of the Philippine government’s commitment to creating an attractive investment climate and emphasized a collaborative approach to support and sustain their projects at the plenary panel during the recent Indo-Pacific Business Forum (IPBF).
The panel, titled “Creating an Enabling Environment and Advancing Private Sector Investment in the Indo-Pacific,” featured senior officials from various Indo-Pacific countries discussing strategies to foster a conducive business environment and address obstacles to regional growth. Secretary Pascual emphasized the importance of regional collaboration and strategic alliances for economic growth, highlighting the completion of negotiations for the Indo-Pacific Economic Framework (IPEF). He discussed the Philippines’ initiatives to attract foreign direct investments (FDIs) through policy reforms, legislative actions, and supportive measures such as the Ease of Doing Business (EODB) and the Greenlane Executive Order 18.
Source: Board of Investment Latest News and Announcements
Link: PH reassures investors of government commitment at IPBF 2024 | Board of Investments (boi.gov.ph)
