Pascual: DTI’s 3-week Europe roadshow yields P73-B investment commitments

The Department of Trade and Industry’s three-week investment roadshow in Europe has yielded more than P70 billion in investment pledges from several European companies, Trade Secretary Alfredo Pascual said Wednesday.“Of these, 16 have explicitly indicated investment values totaling more than P73 billion, potentially generating more than 4,300 jobs – these are direct jobs,” he said.

“Additionally, we sought to foster strategic partnerships and collaboration with the European government, particularly the EU, as well as businesses in the region,” Pascual said. Of the 16 positive leads, six are in the renewable energy sector, six are in the information technology-business process management sector, two in manufacturing, one in construction services, and one in acquisition.

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