TRADE and Industry Secretary Alfredo E. Pascual encouraged businesses present at the 43rd Asean summit to invest in the downstream processing of nickel, among others, noting that it is part of the Philippines’s “strategic” approach to enable the country to move to higher value activities in the regional and global value chains.
Currently, he said, “we are engaging with several partners at the multilateral, regional, and bilateral levels to pursue a framework that could mobilize sustainable investments to the Philippines.” “This strategically positions the country in the regional and global value chains of clean technologies and we will need reliable partners in investments to realize this,” he added.
The Philexport chief said the Philippines should be able to export processed ores like nickel rather than exporting simple ores.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOST partners with US firms via US-Asean Business CouncilDevelopment of smart cities, quantum technology, digital transformation, advanced weather forecasting, and the facilitation of health technology assessment (HTA) initiatives were among the points of interest of the companies during the annual US-Asean Business Council 2023 Philippine Business Mission meeting held recently at a hotel in Pasay City. The US-Asean…
Source: BusinessMirror - 🏆 19. / 59 Read more »