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BDO, DTI tie-up to make PH as Asean manufacturing hub

By Manila Times - a month ago

BDO Unibank Inc. has partnered with the Department of Trade and Industry (DTI) to strengthen the flow of foreign investments into the Philippines.

The partnership will focus on organizing investment seminars, business matching activities, and industry promotion missions designed to position the Philippines as a prime destination for foreign investments.

These initiatives will highlight the country's skilled workforce, growing industries and strategic position in Asia, particularly in the Association of Southeast Asian Nations (Asean) region.

The goal is to attract investments in key sectors such as manufacturing, technology, renewable energy and infrastructure, fostering the creation of new factories, jobs and innovations that will benefit Filipinos.

Executive Vice President and Head of BDO Institutional Banking Group Charles Rodriguez emphasized the importance of this collaboration.

"This partnership reflects our shared commitment to making the Philippines a key investment destination for both foreign and local businesses. Through these investments, we contribute to the country's economic growth, which has consistently ranked among the strongest in the Asean region over the past decades," he said.

DTI Undersecretary and Board of Investments Managing head Ceferino Rodolfo underscored the strategic benefits of the partnership.

"By combining BDO's financial expertise and DTI's investment policy leadership, we can create a more competitive environment for investors. This collaboration ensures that the Philippines is recognized not just as a growing market but as a destination for sustainable, long-term investments," he said.

This partnership between BDO and DTI is a crucial step toward enhancing the Philippines' appeal to foreign investors, driving industrial growth, and creating a wealth of new opportunities for Filipinos.

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