Foreign chambers raise PH investment projection to $128B

The Joint Foreign Chambers (JFC) of the Philippines said it was eyeing an additional $50 billion in new foreign direct investments in the Philippines in the next decade, bringing its total projection from 2021 until 2030 to $128 billion. JFC, which is a coalition of American, Australian-New Zealand, Canadian, European, Japanese, Korean chambers and the Philippine Association of Multinational Companies Regional Headquarters Inc., cited the potential of the Philippine government to pursue and implement necessary reforms and policies to bring in the added investments. "Two years on, the Philippines is showing its ability to rapidly recover from the negative impact experienced at the h...

Keep on reading: Foreign chambers raise PH investment projection to $128B

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