The cold chain industry is projected to exhibit a continuing growth rate of 8 to 10 percent per annum over the next five years, according to Anthony Dizon, chairman of the Cold Chain Association of the Philippines.
Dizon told a virtual conference on Energy Efficiency in the Cold Chain Industry -Technologies and Solutions on Tuesday the enactment of new investment policies will generate interest from the international community, referring to the amendments to the Public Service Act and Foreign Investments Act that ease equity restrictions in key sectors.
The event, organized by the German-Philippine Chamber of Commerce and Industry (GPCCI) the featured German companies and experts from the cold chain and storage sector. The conference was attended by over 120 participants from the Philippines and Germany.
The event was part of GPCCI’s German business delegation under the German Energy Solutions Initiative of the German Federal Ministry for Economic Affairs and Climate Action.
