During the 49th Philippine Business Conference and Expo held last week in Manila, PCCI inked a memorandum of understanding with the Austrian Federal Economic Chamber.on the sidelines of the conference that the agreement seeks to strengthen Austria’s trade relations to support its exporters “when going outside.”
“Well just now, we have a joint venture here with KTM, the producer of electric vehicles and motorcycles, with a Philippine partner producing here also for the market,” Kopf said. “So to support Austrian companies going abroad also with investment as I heard, that’s also an interest of Philippines…to bring in companies here and for Austrian companies.
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Philippines still fastest-growing ASEAN market for vehicle productionThe Philippines continued to register the fastest growth in motor vehicle production in the ASEAN region as the country posted a 33.3-percent jump in the first nine months of the year.
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