Swedish biz community plans to invest in Davao, PH
The Swedish business community is currently exploring new investment opportunities in the Business Process Outsourcing (BPO), manufacturing, and dealership industries in Davao City, Philippines.
In an interview with BusinessWorld, Chairman of the European Chamber of Commerce of the Philippines (ECCP)-Southern Mindanao Business Council Antonio S. Peralta said the foreign organizations are also looking for other possible investments in manufacturing consumer durables and dealerships for industrial machinery and parts.
Peralta added that Swedish companies already have a prominent presence in the city with the existence of Volvo Trucks distributorship, Transcom’s acquisition of Awesome OS, Atlas Copco, H&M fashion outlets, and KTM Motorcycles in Davao.
Related news
- BPO sector shows no signs of slowing down · 19 Jun 2019
- Bulacan soon to have 12-hectare cyberpark, business district · 17 Jun 2019
- Philippine office market expected to sustain growth this year · 13 Jun 2019
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
