France eyeing investments in PH
Several businesses in France are looking for investment opportunities in the Philippines as the latter reopens its economy after the COVID-19 pandemic.
According to French Ambassador to the Philippines Michèle Boccoz, French companies in her country are observing various sectors that can be improved in the Philippines.
“There will be a series of meetings with the different departments concerning all the areas, all the sectors [where] there will be [a] potential increase in business or… investments,” she added.
These meetings will be done through a French business delegation led by MEDEF international, the largest consortium in the European country. Some of the companies present in the MEDEF delegation include those in the airport, water management, infrastructure, and food sectors in France.
Boccoz said there would be a joint economic briefing between the Philippines and France as early as next year, providing a window for the firms and governments to review potential investments.
“I am sure it would be very very fruitful, it would provide a lot of potential for interaction,” she added.
