MANILA, June 24 — The Department of Finance-Bureau of the Treasury announced on Tuesday that it is organizing with the Philippine Ambassador to the United States of America Jose L. Cuisia, Jr., the Philippine Investment and Infrastructure Roadshow to be held from June 24 to 29, 2015, in United States.
The theme “Invest in the Philippines: Asia’s Bright Spot,” will serve to highlight the Philippines’ status as one of the best performing economies in Asia amid keen investor interest in opportunities in infrastructure and other growth areas.
“As a pillar of Philippine foreign policy, economic diplomacy is a powerful tool for strengthening our relations with international partners and advancing our national interest overseas. Indeed, this Roadshow reflects the great importance attached by the Philippine Government to building dynamic, mutually-beneficial, and long-term engagements with the United States and other important trading partners,” Ambassador Cuisia said.
Meanwhile, Finance Secretary Cesar V. Purisima stated, “Drawing high-quality investments in key areas of opportunity like infrastructure is a win-win for both the Philippines and foreign investors. This is a fundamental component of our strategy as we build better infrastructure to support the growing mobility and connectivity needs of a booming population.”
The roadshow will showcase the Philippines’ accelerating economy and bullish outlook on the back the government’s good governance agenda. The roadshow will highlight the country’s story of growth, resilience, and stability to entice investors looking for ripe opportunities in the up-and-coming tiger economy of Asia.
Infrastructure development has always been a key priority of the administration, with the Philippines on track to reach infrastructure spending equivalent to 5% of GDP by 2016. The Philippine Investment and Infrastructure Roadshow are crucial to the nation’s progress as it will help draw high-quality foreign investments. Potential investors are expected to enhance our country’s development with resources, technical expertise, and technology.
“We bring our story of robust macroeconomic fundamentals as our best selling point as we tour the United States and connect with potential investors. American investors will find that our story of growth is buttressed by stability and prudence.
We continue to bring our story of improving fiscal strength abroad in looking for reliable partners who wish to invest in the Philippines’ future,” Purisima added. (DOF)