Ayala Corp.has signed a cooperation arrangement with the New Zealand Trade and Enterprise (NZTE) for potential business and collaborative opportunities.
NZTE is the economic develop-ment and trade promotion agency of New Zealand.
The signing coincided with the visit of New Zealand Prime Minister Christopher Luxon recently, signaling the renewed interest of New Zealand companies to invest in the country.
“We are excited that there is renewed interest for New Zealand to explore opportunities in our country. Likewise, we are interested in what we can learn from our Kiwi friends across a wide range of industries and sectors,” said Jaime Augusto Zobel de Ayala, Ayala chairman.
Describing the Philippines as one of the fastest growing economies in the region, Luxon expressed optimism on the outcome of the cooperation between the Ayala group and the business delegation he brought from New Zealand coming from different industries, including manufacturing, airline, food and beverage, education, and energy.
“We’re very grateful to be here. This (Ayala) is a conglomerate with huge capabilities and huge interests in multiple sectors across the Philippine economy,” he said.
