Phl as top investment destination attainable, but will take time — Pascual
‘While the first half of 2023 saw a contraction of 20 percent in net FDI inflows compared to the previous year, we maintain an optimistic outlook for a resurgence in inward FDI, buoyed by a substantial surge in IPA (Investment Promotion Agencies) approvals’
Realizing the dream to make the Philippines a top investment destination will take time, Trade and Industry Secretary Alfredo Pascual told members of the Rotary Club of Manila and Rotary Club of Makati. Thus, he said, ‘It is imperative that we work diligently to bolster trade, fortify our industrial base, and create an enabling business environment for investments.’ Pascual, a former president of RC Makati, was guest speaker during a joint meeting of both Clubs at the Manila Polo Club last 12 October 2023.
