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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DTI garners P73.75-B investment leads from Europe trip—Pascual | Andrea E. San JuanThe Europe Investment Roadshow led by the Department of Trade and Industry (DTI) has resulted in P73.75 billion worth of investment leads, with renewable energy and IT and Business Process Management (IT-BPM) sectors receiving the larger share in the investment pie. Following the three-week trip of the Philippine delegation to…
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PH gets fresh P73-B investment leads from EU trade missionA Philippine trade mission that recently concluded a nearly three-week tour of Europe has generated more than P73 billion in business leads, promising another wave of investments across several industries. | AldenMonzonINQ /PDI
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