Fil-Canadians eye Subic for investments
By Bebot Sison
The Philippine Star
SUBIC BAY FREEPORT – Filipino-Canadian businessmen representing three big business groups are presently looking into the possibility of putting up investments in Subic, another proof of the growing attractiveness of the Freeport to global firms, officials of the Subic Bay Metropolitan Authority (SBMA) said yesterday.
SBMA Administrator Armand C. Arreza said representatives of 25 Filipino-Canadian companies recently visited Subic during a six-day business mission to the Philippines to scout for possible investment sites for their firms.
The businessmen belong to the Philippine Chamber of Commerce of Toronto, Canada, the Philippines-Canada Business Council, and the Manitoba Business Council.
"This is definitely a welcome development for Subic and the whole country," Arreza told The STAR. "The trade relations between Canada and the Philippines would certainly be a big boost to the Philippines, especially when Filipino-Canadian businessmen spearhead the trade mission," he added.
During their visit to Subic, the Filipino-Canadians also brought up the possibility of building a retirement village for Canadians who find the Philippines a very suitable place to spend their twilight years, Arreza revealed.
The SBMA official explained that three Japanese retirement homes are already in Subic to cater to Japanese retirees whose age range from 60 years old and above.
"Subic Bay is conducive for retirees due to its security, accessibility, natural attractions, amenities, activities and a 24-hour medical team to ensure that retirees would certainly feel at home," Arreza also said.
At least 25 different companies from all over Canada participated in the business mission. The visiting businessmen also spoke to officials of the Clark Development Corp., the Department of Foreign Affairs, the National Economic and Development Authority, the Department of Trade and Industry, the Bureau of Investments, the Philippine Retirement Authority, the Philippines Overseas Employment Agency, the Philippine Chamber of Commerce and Industry, and the Technical Education and Skills Development Authority.
The trade mission ends this Saturday when some members of the group would visit tourist attractions in the country like Bohol, Boracay and Cebu. — Bebot Sison Jr.
The Philippine Star
SUBIC BAY FREEPORT – Filipino-Canadian businessmen representing three big business groups are presently looking into the possibility of putting up investments in Subic, another proof of the growing attractiveness of the Freeport to global firms, officials of the Subic Bay Metropolitan Authority (SBMA) said yesterday.
SBMA Administrator Armand C. Arreza said representatives of 25 Filipino-Canadian companies recently visited Subic during a six-day business mission to the Philippines to scout for possible investment sites for their firms.
The businessmen belong to the Philippine Chamber of Commerce of Toronto, Canada, the Philippines-Canada Business Council, and the Manitoba Business Council.
"This is definitely a welcome development for Subic and the whole country," Arreza told The STAR. "The trade relations between Canada and the Philippines would certainly be a big boost to the Philippines, especially when Filipino-Canadian businessmen spearhead the trade mission," he added.
During their visit to Subic, the Filipino-Canadians also brought up the possibility of building a retirement village for Canadians who find the Philippines a very suitable place to spend their twilight years, Arreza revealed.
The SBMA official explained that three Japanese retirement homes are already in Subic to cater to Japanese retirees whose age range from 60 years old and above.
"Subic Bay is conducive for retirees due to its security, accessibility, natural attractions, amenities, activities and a 24-hour medical team to ensure that retirees would certainly feel at home," Arreza also said.
At least 25 different companies from all over Canada participated in the business mission. The visiting businessmen also spoke to officials of the Clark Development Corp., the Department of Foreign Affairs, the National Economic and Development Authority, the Department of Trade and Industry, the Bureau of Investments, the Philippine Retirement Authority, the Philippines Overseas Employment Agency, the Philippine Chamber of Commerce and Industry, and the Technical Education and Skills Development Authority.
The trade mission ends this Saturday when some members of the group would visit tourist attractions in the country like Bohol, Boracay and Cebu. — Bebot Sison Jr.
posted by OlongapoCity Zambales at
8:16 AM
0 Comments:
Post a Comment
<< Home