Singaporean investors urged to explore five PH priority sectors
Department of Trade and Industry (DTI) Secretary Ramon Lopez is encouraging Singaporean investors to explore business opportunities in the Philippines’ five priority sectors: manufacturing, start-up and innovation, services, research and development and infrastructure and public private partnership (PPP), which are under DTI’s REBUILD strategy.
At the second Philippine-Singapore Business and Investment Summit, Lopez said that these sectors “would power the Philippines to provide basic necessities, support the 4th industrial revolution, address supply chain gaps, development of a more modern Philippines, and generate high value job creation.”
Further, Lopez urged Singaporean businesses to consider the Philippines’ offshore staffing industry “as it has been making a massive contribution to the current global skills’ shortage.”
