The Philippines will be spotlighting various investment opportunities in strategic sectors at the Philippine Business Forum (PBF) on December 16 at The Hague, Netherlands.
The Board of Investments (BOI) said the PBF will serve as a platform to showcase advantages in the country’s maritime and logistics; energy; agro-food; information technology and software development; and creative industries.
The activity aims to boost business confidence of Dutch firms by reinforcing the Philippines’ favorable regulatory environment, robust and sustainable infrastructure, and rich talent pool, the BOI added.
A number of Dutch firms will discuss the competitive advantages of investing in the Philippines. Dutch companies with existing Philippine presence, or which are interested to learn about the Philippines further, as well as Dutch industry associations, are encouraged to attend the forum.
This PBF will be the first in-person forum in the Netherlands to be held under the new administration.
Trade Secretary Alfredo Pascual is set to deliver a keynote address.
The PBF will also be venue to emphasize Philippine contributions to the growth of Dutch firms.
The country’s pitch is that it is a prime investment destination for Dutch companies. This is backed by recently passed game-changing economic reforms, such as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, which lessens the country’s corporate income tax rate by 10 percentage points for domestic micro, small, and medium enterprises; and five percentage points for other corporations including foreign enterprises.
