Hong Kong businessmen remain upbeat in the country’s investment prospects as an 11-man delegation recently visited the Philippines to explore investment opportunities.

Composed of representatives from key business chambers, infrastructure and manufacturing companies and banking community, the Hong Kong delegates conducted due diligence in the country with particular interest in agriculture, tourism, infrastructure, and manufacturing industries.

The delegates also attended an investment briefing facilitated by the Philippine Board of Investments (BOI) at the BOI Building in Makati City.

Department of Trade & Industry-Foreign Trade Service Corps (DTI-FSTC) Coordinating Officer Alma F. Argayoso, head of the Philippine panel was optimistic that the investment briefing served as an excellent platform in building a closer relationship between the Philippines and Hong Kong, with the recent signing of the ASEAN-Hong Kong Free Trade Agreement. She affirmed the country’s readiness for deeper economic partnership with Hong Kong and willingness to share successes in fostering an enabling business and investment environment of the Philippines.

“As we move forward to further strengthen foreign business partnership, the Department of Trade and the BOI will continue to uphold the Philippine investment priorities by providing you sufficient information and assisting you on how to invest and do business in the Philippines”, said Ms. Argayoso during her welcome remarks.


In photo: The Hong Kong delegation together with the Philippine panel during the BOI Investment Briefing led by DTI FTSC Coordinating Officer Alma F. Argayoso (front row, seated, third from right), Ms. Lanie Dormiendo of the BOI International Investments Promotion Service (front row, seated, fourth from right), and Hong Kong Trade Development Council (HKTDC) Executive Director Margaret Fong (front row, seated, fourth from left). 

Hong Kong Trade Development Council (HKTDC) Executive Director and Hong Kong delegation head Margaret Fong meanwhile thanked the Philippine panel for the generous support and time devoted to the first ever Hong Kong delegation of the HKTDC since the signing of the ASEAN-HK Free Trade Agreement. Read more.


(Source: DTI Website)

 Date Posted: December 29, 2017