PTIC-Tokyo recently facilitated the Investment Briefing and B2B Sessions in partnership with the Philippine Embassy for the Central Luzon Growth Corridor Foundation, Inc. (CLGCFI).

During the briefing, Ambassador Mylene J. Garcia-Albano said the Philippines is open for business, appealing to Japanese businesses to invest in the country. She further asserted how efforts have been made to make the Philippines the most competitive choice for foreign investments. Among the reasons she mentioned were developments in economic liberalization, tax policies, and ease of doing business in the country.

The ambassador also acknowledged the crucial role that the local government units (LGUs) play in the crusade for sustainable and inclusive economic growth, expressing that the involved entities should promote regional development to ensure that even the more remote locations in the Philippines feel included in these efforts.

Those who presented business and investment opportunities to the investors were representatives from Aurora, Bataan, Bulacan, Nueva Ecija, and Tarlac. These are five of the seven provinces in Central Luzon that make up the CLGCFI, including DTI representatives. They offered insights on how investing in their provinces can be beneficial to the Japanese investors.

The CLGCFI delegation is headed by Susan Yap, governor of Tarlac City, and among its members are Congresswoman Maria Angela S. Garcia of the 3rd District of Bataan and Mayor Jocell Aimee Vistan-Casaje of Plaridel, Bulacan.