The Philippine Embassy in China invited German investors to explore business opportunities in the Philippines, emphasizing its strategic location at the heart of Asia.
During a forum organized for German businessmen, Philippine officials highlighted investment prospects in manufacturing, automotive, new energy vehicles, and agriculture.
Ambassador Jaime FlorCruz noted the country’s upgraded infrastructure under the “Build, Better, More” program and reforms that allow full foreign ownership in key industries.
He stressed the Philippines’ role as a gateway to ASEAN markets and global trade routes.
Commercial Counselor Glenn Peñaranda reaffirmed strong Philippines-Germany ties and said the country aims to become a regional hub for smart and sustainable industries.
Source: PhilNews24 | April 30, 2025
