Trade mission to China secures P5-b investment leads

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A Philippine trade delegation to China, led by the Philippine Economic Zone Authority , said it secured at least P5 billion in committed investment leads.

“As for the new Chinese foreign direct investment leads that we have generated from the investment fora in Shanghai and Dongguan, we have tooling company GNK , mechanical PC keyboard manufacturer Binsen Herr, Helioway which is motor components company, Huayu Precision, Mankun Technology, Jenshan Precision, Apeman innovations, Huiye, Dongguan Eswin Technology, Huide , and Ebfec e-bike manufacturer Ebfec,” Panga said.

The agency aims to attract Chinese FDI into sectors such as electronics, automotive/transport, machinery/metal fabrication, plastic molding, and energy development.

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