DTI invites German investors to PH
Department of Trade and Industry (DTI) Secretary Alfredo Pascual encourages German companies to invest in the Philippines.
During a meeting with Germany’s government and the private sectors, Pascual highlighted the country’s 7.6% GDP growth rate in Q3 and the government’s legislative reforms that could benefit foreign investors.
The DTI chief also cited the country’s large pool of young, vibrant, and trainable workforce and much-improved infrastructures.
Pascual also sought the support of Germany in the Philippines’ application for the renewal of the EU GSP+.
Pascual’s meeting with the German delegation was organized by the German Federal Ministry of Economic Affairs and Climate Action in collaboration with the Asia-Pacific Committee of German Business and the Department of Trade and Industry (DTI)-Berlin.
It happened on the sideline of the 17th Asia Pacific Conference of German Business in Singapore held last November 13-14.
