The Authority of the Freeport Area of Bataan (AFAB) is seeking more Korean companies to invest in the Freeport Area of Bataan (FAB) as the agency took part in the 2025 Global Business Club Philippine Business Forum held at the Korea Chamber of Commerce and Industry Grand Hall on 7 April.
AFAB administrator and CEO Hussein Pangandaman, together with Office of the Administrator Group head Percival B. Peralta and staff Jay G. Masangcay, Paisal D. Abdullah, and Alejandro E. Sugatain, join industry leaders and stakeholders from the Philippines and Korea in the forum.
The event, hosted by the Board of Investments and the Philippine Trade and Investment Center in Seoul, explores possible investment opportunities in emerging sectors.
It highlights key sectors such as electronics and semiconductors, clean energy, EVs and critical mineral processing, high-tech agriculture and logistics.
Agency officials met with Korean companies during the B2B meetings. They discussed investment opportunities in the Freeport Area of Bataan, which AFAB aims to position as a top investment hub.
“With its strategic business incentives, dedicated infrastructure support, and proximity to emerging regional megaprojects such as the Bataan-Cavite Interlink Bridge and the Subic-Clark-Batangas Railway Project, the FAB is well poised to ride the wave of interest sparked by the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) law,” Pangandaman said.
“Backed by enabling laws, business incentives, infrastructure support, and a highly skilled workforce, there is no way but up as the AFAB rides the tides of the Philippines’ evolving business landscape, opening its corridors to economic prosperity and boundless opportunities for all.”