Phl seeks more Australian investments

MANILA, Philippines - The Philippine Team-Australia rallied several Australian companies and institutions to look at the Philippines as a trade, investment, and tourism destination.

The Philippine Consulate General in Sydney reported to the Department of Foreign Affairs (DFA) that the Philippine Team-Australia led by Ambassador Belen Anota promoted the Philippines as a trade destination during a business networking reception hosted by Consul General Anne Jalando-on Louis in Sydney.

Twenty-seven representatives from the Australian business, finance, business process outsourcing (BPO), infrastructure, information technology (IT), tourism and training and education sectors attended the reception.

Anota highlighted the Aquino administration’s resolve to set the moral, political and economic foundations for long-term growth and development and the Philippine government’s efforts to fight corruption and to create a more conducive climate for trade and commerce.

She also cited the advantages of doing business and investing in the Philippines and invited Australian companies to visit the country.

The Ambassador welcomed inquiries from the Australian private sector and offered the assistance of the members of Philippine Team-Australia in linking Australian companies with prospective partners from the Philippine government or the private sector.

An audio-visual presentation highlighting the thrusts of the Aquino administration, the Philippine priorities under the Philippine Development Plan for 2011 to 2016, and the infinite investment opportunities in the Philippines was also featured at the event.