A PHILIPPINE delegation composed of government officials and businessmen is heading to New York in March for a business and investment forum to attract potential investors in the country.
The Investor Relations Office of Bangko Sentral ng Pilipinas said Tuesday the delegation would be led by Bangko Sentral Governor Amando Tetangco Jr. and Finance Secretary Cesar Purisima. The forum will take place on March 3 and was initiated by Philippine Ambassador to the United States Jose Cuisia Jr.
“Through the PBIF, we will be able to elaborate on how we did it. We will also be able to give potential investors and other observers a picture of where the economy may be headed, as well as the various opportunities that await them,” Tetangco said in a statement.
Tetangco said the Philippines had transformed over the years to become one of the most resilient economies in the world, “owing to strong fundamentals that include low and stable inflation, and sound financial system backed by prudent monetary policy and banking supervision.”
Purisima said the government would invite investors to come to the Philippines and “write our story of growth with us for the next six years and even beyond.”
“… We want to go out there and share the fact that despite strong external headwinds, the Philippines is here to stay as a place for growth,” Purisima said.
Other key figures to speak at the event include Ramon Jimenez Jr., secretary of Tourism; Enrique Razon, chairman and president of International Container Terminal Services Inc.; Gregory Domingo, former secretary of Trade; Ambassador John Negroponte, co-chairman of the US Philippines Society; Roberto Garcia, chairman of the Subic Bay Metropolitan Authority; Arthur Tan, chief executive of IMI Global; Alexander Cabrera, chairman and senior partner, PwC–Isla Lapina; Roberto de Ocampo, co-vice chairman, Makati Business Club; Alexander Feldman, president and chief executive of the US-Asean Business Council; and John Goyer, senior director South East Asia for the US Chamber of Commerce.
“Investors need to consider the right information before making investment decisions. Chief of their concerns: having enough confidence that electoral politics and outcomes will not roll back the successful reforms and gains made in this administration,” the IRO said.
The PBIF will take place over three days: a welcome networking event in Manhattan on March 2; the central forum on March 3, which will be a full-day forum of panel discussions and keynote speeches focused on the outlook and investment opportunities within the Philippine economy; and private roundtable discussions on March 4.